4 Market-Beating Sector ETFs & Stocks Of September
Zacks Investment Research | Oct 02, 2017 10:29PM ET
The U.S. stock market logged in the first positive September since 2013 with the major benchmarks ending at all-time highs. Notably, the Dow Jones, the S&P 500 and the Nasdaq gained 2.1%, 1.9% and 1%, respectively, while the Russell 2000 index led the way higher with 6.1% returns.
Though heightened North Korea tensions played foul in the stock market last month, steady economic fundamentals and strong corporate earnings led to the rally. The energy sector has provided a huge boost to the market on rising oil prices while upbeat data led to further strength. Moreover, Trump’s tax reform blueprint unveiled in the last week of the month led to investors’ increased appetite for riskier assets, resulting in skyrocketing stock prices (read: Zacks Investment Research
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