American equity markets experienced another choppy session on Thursday as France and Germany announced that a second summit would take place next week, suggesting that a resolution to the crisis would not come this weekend. Nevertheless, both the Dow and the S&P 500 managed to rise modestly on the day as the indexes gained, respectively, 0.3% and 0.5% on the session. The tech-heavy Nasdaq, however, wasn’t as fortunate as the index fell by about 0.2% to close just under the 2,600 level. Meanwhile, commodity markets continued to slide on the day as gold fell by about $25/oz. and oil slid by close to 0.2% to fall just below $86/bbl. These headline products also led the rest of the sector down although some strength was seen in the rest of the energy market. The heaviest losses instead came in corners of the soft market as well as the base metals sector as [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Surges On European Uncertainty, DBB Falls On Chinese Demand Concerns Daily ETF Roundup: DBB Sinks On Copper’s Slide, DBA Jumps On Grains’ Surge ETF Insider: Markets Regain Footing ETF Insider: Bulls Back For Good? ETF Insider: Greece Flirts With Default
American equity markets experienced another choppy session on Thursday as France and Germany announced that a second summit would take place next week, suggesting that a resolution to the crisis would not come this weekend. Nevertheless, both the Dow and the S&P 500 managed to rise modestly on the day as the indexes gained, respectively, 0.3% and 0.5% on the session. The tech-heavy Nasdaq, however, wasn’t as fortunate as the index fell by about 0.2% to close just under the 2,600 level. Meanwhile, commodity markets continued to slide on the day as gold fell by about $25/oz. and oil slid by close to 0.2% to fall just below $86/bbl. These headline products also led the rest of the sector down although some strength was seen in the rest of the energy market. The heaviest losses instead came in corners of the soft market as well as the base metals sector as [...]
Click here to read the original article on ETFdb.com.
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