Daily ETF Roundup: BLV Sinks, UNG Surges

After a rough start to Tuesday trading, equity markets managed to squeak by with small gains to finish the day. The tech heavy Nasdaq led the way with a gain of 0.3% while the Dow and S&P 500 finished slightly ahead. Commodity markets were also flat on the day as gold and oil both finished ahead by just 0.1% on the day. However, one exception to this rule was the cotton market where prices jumped by 3.9% on the day, another new record for the important resource. Meanwhile, in the currency markets, the U.S. dollar surged against most major currencies as the dollar index gained 0.8% and was fueled by sharp gains against the euro and the yen. Today’s flat market was a result of weakness in the oil & gas sector and broad weakness in the industrial goods and utilities sectors. However, solid reports out of some of the biggest [...] Click here to read the original article on ETFdb.com. Related Stories: Daily ETF Roundup: UNG Sinks, XLF Surges Daily ETF Roundup: UNG Surges, VXX Sinks Daily ETF Roundup: UNG Surges, GDX Sinks