The May jobs report, which showed employers added 280,000 jobs last month, delivered the biggest employment gain of 2015. The unemployment rate fell to 5.4% from 5.5%.
Those headlines renewed calls for the Fed to boost borrowing costs this year with Fed funds futures showing a 53% chance of that happening following the central bank’s October meeting. That was the week’s marquee data point and it was another busy week in the world of exchange traded funds thanks to new product launches and lofty milestones reached. This week’s collection of big ETF stories has you covered.
Broad Market/Sector ETFs
Another huge milestone for the ETF industry. [ETFs Enter the $3 Trillion Club]
It might be time to rethink rate-sensitive real estate and utilities ETFs.
This was a big week for the cyber security ETF. [The Cyber Security ETF Keeps Climbing]
Investors ran to financial services and healthcare ETFs last month.
Tax proposal could boost this healthcare ETF. [Medical Device ETF is in Focus]
Drink up with consumer staples ETFs.
Traders flock to volatility ETFs. [A Rush to Volatility ETFs]