Despite yet another shaky start, U.S. equity markets managed to push higher throughout the day, climbing back up to breakeven levels to close out the week. Both the S&P 500 and the Nasdaq finished in positive territory, posting marginal gains while the Dow slid by a modest seven points on the day. Commodities also rose across the board as both gold and oil gained roughly 0.4% on the day and soft commodities again outpaced their more durable counterparts; sugar was up close to 5% while coffee gained 4% in Friday trading. Today’s biggest news came from Europe, where a large downgrade of Irish debt spooked the markets and further added to the woes from earlier in the week. Due to this downgrade and fears over a crisis brewing in both Spain and Portugal, many investors bought up precious metals and other safe havens such as T-Bills in order to weather the [...] Click here to read the original article on ETFdb.com. Related Stories: Daily ETF Roundup: VXX Tumbles, IWN Soars Daily ETF Roundup: UNG Tumbles, VXX Soars Daily ETF Roundup: BLV Tumbles, EPP Soars