Yesterday the Conference Board released the Leading Economic Indicators (LEI) for the month of April, showing that its leading economic indicators index unexpectedly declined for the first time in more than a year.
The report showed that the leading economic index edged down by 0.1 percent in April following a downwardly revised 1.3 percent increase in March. The decrease came as a surprise as the consensus estimate was for the index to increase by 0.2 percent.
Related ETF`s: Related ETF`s: SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS), PowerShares QQQ Trust, Series 1 (ETF) (Public, NASDAQ:QQQQ), United States Oil Fund LP (ETF) (Public, NYSE:USO)
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