ETF Performance Report: February | Page 2 of 2 | ETF Trends

At the start of February, traders maintained their mixed feelings on the equities market as positive and economic data kept stocks in sideways trading.

However, the equities market began to strengthen after the uncertain start on expectations for a Greek deal to ease uncertainty and rising oil prices to support the faltering U.S. energy sector. The continued positive economic reports, such as the strong jobs numbers, and supportive earnings season helped keep forward momentum going.

After Federal Chair Janet Yellen commented on the upbeat economic outlook, U.S. equities markets touched new highs in the last week of February, but tepid trading in the last few days of the month sent stocks slightly off from their record highs.

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Max Chen contributed to this article.