Today saw markets start the holiday-shortened week on an extremely rocky note as shares plunged to start the session thanks to European debt woes. The Dow, which at one point in the day was below the 11,000 mark, finished the day down jst 101 points thanks to a late session surge while the S&P 500 and the Nasdaq performed similarly, ending Tuesday trading down 0.7% and 0.3%, respectively. In commodity markets, trading was equally rocky as gold slipped by one dollar and oil fell by just a cent, clawing back the vast majority of its losses for the day. Thanks to more questions about the health of the euro as well as the viability of the franc as a safe haven instrument, investors piled into greenbacks, sending the U.S. dollar index up sharply higher on the day. This helped to push more investors into Treasury debt, sending longer term yields, [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VGK Gains On Greek Outlook, UUP Falls On Economic Uncertainty Daily ETF Roundup: UUP Sinks, VGK Surges Daily ETF Roundup: VGK Sinks On Downgrade Worries, DBB Rises On Copper Strength Five ETFs To Watch Ahead Of Ben Bernanke’s Jackson Hole Speech Introducing The New & Improved ETFdb.com
Today saw markets start the holiday-shortened week on an extremely rocky note as shares plunged to start the session thanks to European debt woes. The Dow, which at one point in the day was below the 11,000 mark, finished the day down jst 101 points thanks to a late session surge while the S&P 500 and the Nasdaq performed similarly, ending Tuesday trading down 0.7% and 0.3%, respectively. In commodity markets, trading was equally rocky as gold slipped by one dollar and oil fell by just a cent, clawing back the vast majority of its losses for the day. Thanks to more questions about the health of the euro as well as the viability of the franc as a safe haven instrument, investors piled into greenbacks, sending the U.S. dollar index up sharply higher on the day. This helped to push more investors into Treasury debt, sending longer term yields, [...]
Click here to read the original article on ETFdb.com.
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