Daily ETF Roundup: EFA Surges On Europe Hopes, VXX Tanks On Strong Markets

By: ETFdb
Friday was another solid day for markets as investors cheered the results of a number of earnings reports and continued hopes over the European debt crisis. Every major asset class topped off the week in the black, as the Dow posted the most impressive gains at just over 2.3%. The S&P 500 raked in 22.8 points and the NASDAQ was also up about 1.5%. Likewise, oil and gold finished out the day up about 1.7% a piece, marking for a rare day with both of the aforementioned commodities and equity indexes both posting winning sessions. The strong trading session came just one day after the death of Libyan dictator Moammar Gadhafi, who was killed by rebel forces, ending a long and tumultuous journey to bring his reign to an end [see also Bright Spots In The ETF Landscape: Five Funds Holding Their Value In A Wild 2011]. Aside from the [...] Click here to read the original article on ETFdb.com. Related Posts: iShares Launches Minimum Volatility ETFs Daily ETF Roundup: VXX Surges On European Uncertainty, DBB Falls On Chinese Demand Concerns Daily ETF Roundup: XLF Surges On Euro Zone Hopes, VXX Sinks On Equity Surge Daily ETF Roundup: VXX Soars On European Uncertainty, EWZ Slumps On Inflation Forecast Daily ETF Roundup: VXX Slides On Investor Optimism, UNG Soars On Cold Weather Forecast
Friday was another solid day for markets as investors cheered the results of a number of earnings reports and continued hopes over the European debt crisis. Every major asset class topped off the week in the black, as the Dow posted the most impressive gains at just over 2.3%. The S&P 500 raked in 22.8 points and the NASDAQ was also up about 1.5%. Likewise, oil and gold finished out the day up about 1.7% a piece, marking for a rare day with both of the aforementioned commodities and equity indexes both posting winning sessions. The strong trading session came just one day after the death of Libyan dictator Moammar Gadhafi, who was killed by rebel forces, ending a long and tumultuous journey to bring his reign to an end [see also Bright Spots In The ETF Landscape: Five Funds Holding Their Value In A Wild 2011]. Aside from the [...]

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