In commodities markets, oil ETFs gained ground after the solid ADP employment report Thursday, one day before the June nonfarm payrolls report. [Oil ETFs Soar]
In industry news, Pimco may soon launch an ETF version of Total Return Fund, which is managed by bond guru Bill Gross. [Pimco Discloses ETF’s Fees]
First Trust has listed an exchange traded fund dedicated to cloud computing in another example of a new ETF that targets a specific investment theme or sector. [Cloud Computing ETF]
SPDR S&P Retail ETF