This week, all eyes will be on the Eurozone summit as leaders gather to discuss ways to ease the region’s sovereign debt and bank crisis.
“The market is betting on some kind of announcement from Europe, (it’s) looking for the liquidity button in Europe to be pressed,” one banking analyst said. [Gold ETFs Rise on Central Bank Buying, Liquidity]
U.S. stock ETFs were set for a higher open Monday as Dow futures gained 140 points before the bell.
Here’s a look at the top ETF stories making the rounds online this morning:
- Graham Tuckwell, one of the pioneers in the exchanged traded fund market, has put his company ETF Securities up for sale. [Investment Week]
- Who will buy ETF Securities? [CityWire]
- Thinner and Thinner: ETF Providers Cut Markets Into Ever-Narrower Slices. [Wall Street Journal]
- From Friday: Fidelity expanding ETF lineup. [Reuters]
- Tax-Wise Funds vs. ETFs: Which option is better for investors looking to limit Uncle Sam’s take? [WSJ]
- Index strategies have changed and arguments are being made that traditional market cap weighted ETFs are inferior to a new breed of funds that uses alternative weighting strategies. [ETF Guide]
- Last week’s best- and worst-performing ETFs. [Morningstar]
- The more investors know about ETFs, the more they want them: BMO. [Financial Post]
- ETF Chart of the Day: Total Market Funds. [ETF Trends]
- Natural Gas ETFs Rise on Supplies as Hedge Funds Cut Short Positions. [ETF Trends]
SPDR Dow Jones Industrial ETF (NYSEArca: DIA)