Daily ETF Roundup: GLD Gains On Market Fears, UNG Slips On High Supplies

By: ETFdb
Stocks finished the day off relatively flat as the S&P 500 posted its worst week of the year, granted markets are closed tomorrow in observance of Good Friday. After shying away for several weeks, European fears heated up again on the day as investors worry over the mounting debts and solvency of varying regions of the euro-zone. In particular the issue stemmed from Spain as their debts “continued to march higher and its equity market plumbed lows not seen since the height of the euro zone’s crisis last year” writes Reuters. The day saw the Dow surrender 14 points while the S&P lost by about 0.1% [see also 4 Sector ETFs Up Over 20% YTD]. Crude oil finally had a strong day, as the fossil fuel has been slipping in recent sessions. Many are hoping for a relief in gas prices, as the U.S. is currently plagued with big numbers at [...] Click here to read the original article on ETFdb.com. Related Posts: Seven Surprising ETF Performance Comparisons Daily ETF Roundup: GLD Pops On Greek Drama, UNG Turns Sour Again ETF Daily Roundup: GLD Tanks On Gold’s Weakness, UNG Crashes On Stockpiles Ten Unexpected Observations On YTD ETF Returns Daily ETF Roundup: GLD Hits Six Week High, UNG Crushed By Mild Weather
Stocks finished the day off relatively flat as the S&P 500 posted its worst week of the year, granted markets are closed tomorrow in observance of Good Friday. After shying away for several weeks, European fears heated up again on the day as investors worry over the mounting debts and solvency of varying regions of the euro-zone. In particular the issue stemmed from Spain as their debts “continued to march higher and its equity market plumbed lows not seen since the height of the euro zone’s crisis last year” writes Reuters. The day saw the Dow surrender 14 points while the S&P lost by about 0.1% [see also 4 Sector ETFs Up Over 20% YTD].  Crude oil finally had a strong day, as the fossil fuel has been slipping in recent sessions. Many are hoping for a relief in gas prices, as the U.S. is currently plagued with big numbers at [...]

Click here to read the original article on ETFdb.com.

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