Markets were finally able to snap their losing streak with mild gains on the day, though they were nowhere near enough to erase the losses the past few days have seen. With euro zone fears heating up around the world, this week has seen most major asset classes exhibiting something of a tailspin. Today saw the Dow scrape up a 45 point gain while the S&P 500 jumped 0.3%. 10 year bonds were able to hold on to meager gains, but gold and oil were not so lucky. Oil endured another tough day amid economic uncertainty, but gold is what has most analysts talking [see also 11 Best ETFdb Stories Of 2011]. Gold seemed to be on a never-ending upward trend for the majority of the past year or so, with its price breaking through the $1,900/oz. earlier in 2011. But now that the metal has declined all the way [...] Click here to read the original article on ETFdb.com. Related Posts: Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds Three ETFs To Watch This Week: PSCC, USO, VGK ETF Insider: What’s Next For Europe? ETF Insider: High Tensions As Euro Summit Approaches ETF Insider: Volatility Is Still Lurking
Markets were finally able to snap their losing streak with mild gains on the day, though they were nowhere near enough to erase the losses the past few days have seen. With euro zone fears heating up around the world, this week has seen most major asset classes exhibiting something of a tailspin. Today saw the Dow scrape up a 45 point gain while the S&P 500 jumped 0.3%. 10 year bonds were able to hold on to meager gains, but gold and oil were not so lucky. Oil endured another tough day amid economic uncertainty, but gold is what has most analysts talking [see also 11 Best ETFdb Stories Of 2011]. Gold seemed to be on a never-ending upward trend for the majority of the past year or so, with its price breaking through the $1,900/oz. earlier in 2011. But now that the metal has declined all the way [...]
Click here to read the original article on ETFdb.com.
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