Daily ETF Roundup: VXX Sinks On French Plan For Greece, FXI Rises On Declining Inflation Fears

U.S. equity markets started the week on a strong note, as investors cheered a French proposal to help debt-stricken Greece from further chaos. The Dow and the S&P 500 both finished the day up by about 0.9% while the Nasdaq surged by 1.3% in the session, led by strong performances out of Apple, Google, and a nearly 4% surge from Microsoft. Commodity markets were more mixed on the day as gold and oil both sank marginally, pushing gold below the $1,500/oz. level and oil below the $91 mark. Yet most other energy commodities finished the day ahead, including a 1.3% gain for RBOB futures, and a 1.3% for Brent crude. Grains continued their recent stretch of weakness, however, and some softs, namely cocoa did manage to start the week off on a strong note despite a lack of strength in the rest of the market. In Treasurys, there was some modest outflows [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: FXI Surges On Emerging Market Reversal, VXX Tumbles On Rising Market December ETF Roundup: $1 Trillion And Counting Daily ETF Roundup: FXI Sinks, VXX Soars Daily ETF Roundup: FXI Surges, VXX Crumbles Daily ETF Roundup: VXX Plummets, FXI Surges