Equity indexes were fairly flat on Tuesday, oscillating between small gains and losses throughout much of the day, with the bears coming out on top as the trading session drew to a close. The Dow Jones Industrial Average led the way lower on Wall Street, sinking 0.46% on the day, while the NASDAQ proved to be the most resilient of the domestic equity indexes, managing to shed just 0.07% on the day. Gold and oil both climbed higher for the day as investors jumped ship from equities into commodities. Crude oil closed just under $98 a barrel, while futures prices for the precious yellow metal settled near $1,700 an ounce for the day. Ongoing Euro zone debt woes, bolstered by rising yields on Italian, Spanish, and French bonds, coupled with a worse-than-expected third quarter U.S. GDP revision, paved the way for a very choppy trading session. Investor sentiment on the [...] Click here to read the original article on ETFdb.com. Related Posts: September’s ETF Studs: Five Funds That Thrived During A Wild Month ETF Insider: Can Earnings Trump Euro Drama? August ETF Stats: Keeping The Winning Streak Alive (Just Barely) Five ETFs To Watch Ahead Of Ben Bernanke’s Jackson Hole Speech ETFs To Watch As Debt Ceiling Deadline Nears
Equity indexes were fairly flat on Tuesday, oscillating between small gains and losses throughout much of the day, with the bears coming out on top as the trading session drew to a close. The Dow Jones Industrial Average led the way lower on Wall Street, sinking 0.46% on the day, while the NASDAQ proved to be the most resilient of the domestic equity indexes, managing to shed just 0.07% on the day. Gold and oil both climbed higher for the day as investors jumped ship from equities into commodities. Crude oil closed just under $98 a barrel, while futures prices for the precious yellow metal settled near $1,700 an ounce for the day. Ongoing Euro zone debt woes, bolstered by rising yields on Italian, Spanish, and French bonds, coupled with a worse-than-expected third quarter U.S. GDP revision, paved the way for a very choppy trading session. Investor sentiment on the [...]
Click here to read the original article on ETFdb.com.
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