4 High-Flying ETFs And Stocks With More Room To Run [Seeking Alpha]
iShares MSCI All Country Asia ex Japan Index Fund (AAXJ)
US:NASDAQ Investor Relations:
ishares.com/us/products/239601/ishares-msci-all-country-asia-ex-japan-etf
Company Research
Source: Seeking Alpha
The bulls raged past the latest rounds of threats including a global cyber attack and tensions in North Korea. The global stock market scaled new highs once again with the iShares MSCI ACWI ETF (NASDAQ: ACWI ) having logged in gains of 10.5% in the year-to-date time frame. This is especially true given a pickup in economic activity in many parts of the world, robust corporate earnings, Trump pro-growth policies, a rebound in oil price and improving global sentiments, especially after the French election. Notably, Saudi Arabia and Russia, the world's top two oil producers, agreed to extend their production cuts for nine more months until March 2018. This news has renewed optimism in the energy sector, which was under pressure from higher U.S. output and increased inventories weighing on the equity market. Weakness in dollar is providing additional strength to commodity producers, leading to the rally in these stocks while WannaCry virus increased demand for technology stocks
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