Markets got off to a rocky start as unfavorable news from Europe put a damper on the day from the beginning. Though major indexes started off down about 1%, both the Dow and S&P were able to go positive on the day, just barely finishing above level. 10 year bonds took the biggest hit on the day, losing over 3.6% as investor confidence was shaken by even the thought of an unproductive European summit later this week. The precious metal gold was finally able to post a winning day, as options activity soared early based on the euro speculations. Finally, oil saw another tough day, as the fossil fuel was unable to escape investor concern for the future [see also Euro Free Europe Portfolio Now Available]. The past few days have been quite active for the ETF world as issuers are scrambling to launch their products before the year end, thereby giving them a [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Up On Market Uncertainty, UNG Reels On High Stockpiles Daily ETF Roundup: VXX Slides On Investor Optimism, UNG Soars On Cold Weather Forecast UBS Unveils Natural Gas, Oil “Contango ETNs” Daily ETF Roundup: UNG Tumbles On EIA Report, VXX Continues Surge On Uncertainty Daily ETF Roundup: UNG Surges On Warm Weather, VXX Tumbles On Rising Market
Markets got off to a rocky start as unfavorable news from Europe put a damper on the day from the beginning. Though major indexes started off down about 1%, both the Dow and S&P were able to go positive on the day, just barely finishing above level. 10 year bonds took the biggest hit on the day, losing over 3.6% as investor confidence was shaken by even the thought of an unproductive European summit later this week. The precious metal gold was finally able to post a winning day, as options activity soared early based on the euro speculations. Finally, oil saw another tough day, as the fossil fuel was unable to escape investor concern for the future [see also Euro Free Europe Portfolio Now Available]. The past few days have been quite active for the ETF world as issuers are scrambling to launch their products before the year end, thereby giving them a [...]
Click here to read the original article on ETFdb.com.
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