This Invesco RAFI Strategic US Small Company ETF (IUSS) has hit a new 52-week high. Are more gains in store?
The S&P 500 and the Nasdaq were set to open lower on Wednesday as disappointing private employment data for February dampened enthusiasm over a quick economic rebound fueled by a swift rollout of COVID-19 vaccines. U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed despite the nation's improving public health picture.
February was really volatile for Wall Street due to rising rate worries. It reminded us of 2013's taper-tantrum. Will we see the same in March? If yes, you can prepare your portfolio with these ETFs.