U.S. stock exchange traded funds (ETFs) closed Wednesday higher as investors awaited corporate earnings season. Equities shrugged off news that Portugal will require assistance from the European Union as its borrowing costs jump.
The SPDR S&P 500 ETF (NYSEArca: SPY) was up 0.3% in late-afternoon trading Wednesday.
An exchange traded note tracking cotton futures was the standout in the commodities sector. [Cotton ETN Bounces At 50-Day Average.]
Natural-gas ETFs were among the largest decliners in Wednesday’s session. [Natural Gas ETFs Decline On Warmer Weather Forecasts.]