Global equity markets tanked to end the third quarter as worries over financials dragged down shares across the world. The Dow finished lower by about 2.2% while the broader indexes suffered more severe gains as the S&P 500 fell by 2.5% and the Nasdaq sank by 2.6% for the day. Losses were pretty much throughout all of the sectors although some big cap names in the services space such as Wal-Mart, and those in the health care sector, such as JNJ and Merck, managed to beat out the market on the day. Commodity trading was much more mixed as gold rose by about five dollars an ounce and oil plunged, sinking by about 4.2% to finish the quarter. Trading was also pretty brutal in the grains market as soybeans, corn, and wheat, all finished the day lower by at least 4% with corn and wheat sinking by over 6%. Copper [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Slides On European Hopes, FXI Jumps On Risky Asset Demand Daily ETF Roundup: FXI Sinks On Tightening Fears, VXX Jumps On More Greek Worries Daily ETF Roundup: VXX Sinks On French Plan For Greece, FXI Rises On Declining Inflation Fears Daily ETF Roundup: FXI Surges On Emerging Market Reversal, VXX Tumbles On Rising Market December ETF Roundup: $1 Trillion And Counting
Global equity markets tanked to end the third quarter as worries over financials dragged down shares across the world. The Dow finished lower by about 2.2% while the broader indexes suffered more severe gains as the S&P 500 fell by 2.5% and the Nasdaq sank by 2.6% for the day. Losses were pretty much throughout all of the sectors although some big cap names in the services space such as Wal-Mart, and those in the health care sector, such as JNJ and Merck, managed to beat out the market on the day. Commodity trading was much more mixed as gold rose by about five dollars an ounce and oil plunged, sinking by about 4.2% to finish the quarter. Trading was also pretty brutal in the grains market as soybeans, corn, and wheat, all finished the day lower by at least 4% with corn and wheat sinking by over 6%. Copper [...]
Click here to read the original article on ETFdb.com.
Related Posts:
