Stocks ended the session in green territory yesterday as investors were reassured by better-than-expected data on the homefront along with fairly encouraging comments from Chairman Bernanke. “At this point we don’t see a double-dip recession — we see continued moderate growth,” said Bernanke in his testimony to Congress, while at the same time leaving the door open for future stimulus from the Fed if deemed necessary. Solid housing starts data also helped bring back the bulls on Wall Street; housing starts in June came in at 760,000 versus the previous reading of 711,000, marking a healthy uptick [see also Why Buffett Is Dead Wrong On Gold]. Earnings Preview Tobacco bellwether Philip Morris International (PM) is slated to report quarterly earnings later today before the opening bell on Wall Street. As such, our ETF to watch for the day is the State Street Consumer Staples Select Sector SPDR (XLP), which has Philip Morris in [...] Click here to read the original article on ETFdb.com. Related Posts: Which Sector ETFs Are Cheap? Three ETFs To Watch This Week: XLF, XLP, XLY Thursday’s ETF To Watch: Dow Jones U.S. Consumer Goods Index Fund (IYK) Three ETFs To Watch This Week: FXE, IEO, XLP AdvisorShares Rolls Out SectorSAM ETF (SSAM)