Daily ETF Roundup: VXX Falls Even Further, IYT Jumps On ISM Report

American equity markets started the quarter as they finished it; soaring higher. The Dow finished ahead by 1.4% on the day while the broader indexes posted similar gains as the S&P 500 also moved higher by 1.4% and the Nasdaq rose by 1.5%. Commodities, however, did experience some weakness as gold sank below the $1,500/oz. level to finish the week below $1,490 while oil fell by about 60 cents on the day as well. Other commodities were more mixed as livestock and industrial metals rose while softs faced another day of choppy trading as soybeans rose by 3% and corn continued its slide, tumbling by close to 3.8% to finish the week. In currencies, the dollar struggled against most of the world’s majors, while traders continued to seek risky assets, leading to another loss for T-Bills. This corner of the market saw yields on the Ten Year hit the 3.2% [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Slumps On Bailout Hopes, IYT Rises On Crude’s Decline Daily ETF Roundup: VXX Tumbles, IYT Soars Daily ETF Roundup: IYT Tumbles, VXX Rallies Daily ETF Roundup: VXX Continues Slide On Greek Austerity, XLF Rises On Bank Case Settlement Daily ETF Roundup: XLE Surges On Oil’s Jump, VXX Sinks On Greek Hopes