GNT - Weekly Review: CEFs That Follow The Broad Market
Over the past week, we saw a steep decline in the broad market. The news regarding the trade dispute between the US and China continue to have a huge impact on the market. This week, US inflation data and retail sales will be closely watched. In Europe, there will be a Central Bank policy meeting, as well as the vote on Brexit in parliament.
The Benchmark
Over the past week, the price of the benchmark, the SPDR S&P 500 Trust ETF (NYSEARCA: SPY) decreased by 4.38%.
Source: Barchart, SPDR S&P 500 Trust ETF