Stock ETFs that rose on August 29 could be volatile this week, depending on the economic data, ETF Trends reports. The SPDR S&P 500 ETF rose nearly 2% after receiving reports on personal income and spending as well as pending home sales.
Analysts are eyeing a gain of between 75,000 and 100,000 net new payroll jobs after the release of the August employment report. Industry analysts are also watching out for the Chicago Purchasing Manager’s index and the national ISM Index.
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