Undoubtedly, this was a stellar week for U.S. stocks as the S&P 500’s higher close on Friday marked a sixth consecutive day of gains for the benchmark U.S. index.
Impressive considering stocks had to contend with another dismal earnings report from Amazon (NasdaqGS: AMZN) and confirmation of an Ebola case in New York. No promises about an easy road for stocks again next week, but it should be noted Sunday brings the results of the European Central Bank’s stress tests and Brazil’s runoff election.
With that, we head to the biggest ETF stories of the week.
Broad Market/Sector ETFs
It was a beautiful week for biotech bulls as these ETFs hit new all-time highs.
Hedge funds heart these ETFs. [ A Look at Hedge Funds’ Favorite ETFs]
Some investors are doing bargain shopping with energy ETFs. [Signs of a Return to Energy ETFs]
The SEC said no to active non-transparent ETFs. [SEC Rejects a Pair of Non-Transparent ETF Applications]
Some sector ETFs wait on big bounces.
A potentially big catalyst for homebuilders ETFs.