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Energy and Precious Metals Outperform Indexes

    • 35 posts
    27 de abril de 2022 00:46:43 ART

    Lately, rallies in the major indexes have found it difficult to consolidate their gains. ETFs such as DIA (30-Industrials), SPY (500-Large Caps), IWM (2000-Small Caps), IYT (Transports), and QQQ (100-Nasdaq Largest Non-Financial) are still struggling and remain in the red. While assets such as XOP (S&P Oil & Gas Exploration & Production), XME (S&P Metals & Mining), and XLU (Utilities) are going through a flourishing period of capital influx.To get more news about osprey broker, you can visit wikifx.com official website.

    Also recently, positions in energy and precious metal ETFs are having positive performances and major stock index ETFs are faring well. Meanwhile, inflation is reaching record highs across the globe as central banks raise lending rates. Many investors are reconsidering their positions and keeping cash at the ready as they closely monitor key sectors.

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