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ETF Market Vital Signs, Feb. 23: All Eyes Turn To Yellen
FYI: Stocks ran in place today, but bonds rallied ahead of Federal Reserve Chairwoman Janet Yellen’s testimony on Capitol Hill. The growth-oriented PowerShares QQQ (QQQ) advanced with the help of Apple (AAPL) and deal news in pharmaceutical sector. Defensive sectors including utilities also rose, as did gold. The market seems to be in a holding pattern, waiting for greater clarity about Fed policy and interest rates. Regards, Ted http://blogs.barrons.com/focusonfunds/2015/02/23/etf-market-vital-signs-feb-23-all-eyes-turn-to-yellen/tab/print/
