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September swoon for ETFs could continue in the week ahead
U.S. stocks ended last week in miserable fashion as all three major U.S. indexes slumped more than 1 percent on Friday. For the week, the S&P 500, Dow Jones Industrial Average and the Nasdaq Composite each lost at least 2.6 percent.
With those dismal numbers in mind, perhaps it is a good thing that the week ahead will be shortened by the Labor Day holiday because while the bull market is still in tact, investors' enthusiasm for riskier assets is clearly waning. Emerging markets stocks and exchange traded funds continue to confirm as much.
Read more at Benzinga.
Photo: Rich Herrmann