Daily ETF Roundup: VXX Continues Slide On Greek Austerity, XLF Rises On Bank Case Settlement

U.S. equity markets continued their recent run higher in Wednesday trading as investors cheered the results of the Greek austerity vote in Athens earlier today. The Dow rose by 0.6% on the session while the Nasdaq gained 0.4% and the S&P jumped by 0.8% in comparison. Thanks to less gloom over Europe, investors bought up commodities across the board as well, as gold saw prices rise by about $11/oz. and oil continued to rebound, jumping higher by about 2.2% to finish just below the $95/bbl. level. Softs were more mixed, however, as most of these products finished the day rangebound, only cocoa experienced large gains, surging by 3.1% on the day. Copper, on the other hand, continued its recent run, now trades for just over $4.23/lb. thanks to today’s 3% gain. As more traders embraced these risky assets, money continued to flow out of T-Bills; although the Two Year’s yields were flat, [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: XLF Plunges On Weak Data, VXX Surges On Shaky Market Fundamentals Daily ETF Roundup: XLF Tumbles, VXX Surges On Libyan Violence Daily ETF Roundup: XLF Jumps, VXX Continues Slide Daily ETF Roundup: VXX Soars, XLF Plummets Daily ETF Roundup: XLF Slides, VXX Rises