Thursday’s ETF Chart To Watch: MSCI Switzerland Index Fund (EWL)

Bullish fever ran wild across equity markets on Wednesday after the Fed and the central banks of the Euro zone, Canada, Japan, United Kingdom, and Switzerland agreed to collectively lower the cost of offering dollar financing through swap arrangements. The S&P 500 led the way higher, soaring 4.33% for the day, while the Nasdaq lagged behind, still managing to clinch a 4.17% on the day. Gold and oil charged higher alongside soaring equity markets. Futures prices for the precious metal settled near $1,750 an ounce for the day while crude oil managed to hold its head above the $100 level as the trading session drew to a close. Switzerland’s third-quarter GDP is slated to come out before Wall Street’s opening bell, which makes the iShares MSCI Switzerland Index Fund (EWL) our ETF to watch for today. Investors will look to see if the financially sound European nation is still on [...] Click here to read the original article on ETFdb.com. Related Posts: Top 5 Countries Most Widely Represented By ETFs Country ETFs With Rock Bottom Unemployment Rates Four ETFs That Have Held Their Ground During Crisis Three ETFs To Watch This Week: EWL, GTIP, RSUN May ETFdb Category Kings: Best Performing ETFs