Economic Data, Upbeat Forecast Lift ETFs
March 17, 2011 at 17:30 PM EDT
Exchange traded funds (ETFs) rose sharply Thursday as a round of economic data and an upbeat forecast from shipper FedEx Corp. helped the market rebound after three straight declining sessions. Oil prices soared more than 3.5 percent, climbing back above $101 per barrel after a crackdown on...