That’s more like it. Exchange traded funds (ETFs) that track basic materials and base metals got a lift today after reports of improved apartment construction and an uptick in U.S. manufacturing activity. All told, activity at the nation’s factories rose 1% in July, while home and apartment construction rose 1.7%. Here are some stories that may interest you:
- 4 Reasons Copper ETFs Are Soaring
- Copper and Nickel ETFs: Higher Prices Soon?
- ETF Trends Podcast: All About Metals ETFs
- The Price Impact of an Aluminum ETF
- Steel ETFs Facing Headwinds
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.