Here Are the Stock Sectors to Buy on the ECB's Latest Moves

TheStreet

The European Central Bank's decision last week to cut the deposit rate to negative territory, and prepare for possible asset-backed security purchases will affect U.S. investors, Wells Fargo Advisors chief equity strategist Scott Wren tells TheStreet's Joe Deaux. Many companies from Europe buy and sell goods with to the United States, which suggests that stimulative ECB action will reach U.S. consumers in some way. Find out which sectors Wells Fargo's Wren says investors should pile into on the moves, and what to expect ahead as the central bank prepares for easing measures.