Daily ETF Roundup: UNG Sinks On Storage Report, FXI Rises On Industrial Strength

In what was yet another rocky session for American equities, stocks finished the day lower once again for the most part as continued worries over the debt ceiling plagued markets. The Dow finished the day lower by 0.5% while the broader S&P 500 managed to lose just 0.3% on the day. Meanwhile, the Nasdaq, which has an awful day in Wednesday trading, outdid its counterparts today, managing to rise by a single point on the day. In commodity markets, most resources traded rangebound as gold added one dollar an ounce but oil slipped by about 30 cents a barrel, falling to within striking distance of the $97/bbl. level. Most of the softs and grains followed oil’s lead to the downside as sugar and cocoa headlined the losers, falling by 3.9% and 2.0%, respectively. Surprisingly, T-bills saw yields fall across the board in Thursday trading while the U.S. dollar remained flat [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: UNG Stumbles, FXI Jumps Higher Daily ETF Roundup: UNG Soars, FXI Slides Daily ETF Roundup: UNG Soars, FXI Tumbles Daily ETF Roundup: FXI Surges, UNG Slides 5% Daily ETF Roundup: UNG Sinks, FXI Rises