Daily ETF Roundup: VGK Rises On Rate Cut And Greek Flip Flow, VXX Sinks On Euro Euphoria

By: ETFdb
Stocks finished the day in bright green territory as Euro zone euphoria paved the way higher for equities all around the globe. One the home front, the NASDAQ led the way higher with a 2.2% gain on the day, while the S&P 500 Index climbed 1.88%. Gold and oil both went along for the ride while the U.S. dollar tumbled in the currency markets. Futures prices for the precious yellow metal closed near $1,765 an ounce while crude oil prices settled around $94 a barrel as the trading session drew to a close. Investors will be paying close attention to tomorrow U.S. unemployment report as the bulls look to extend gains into the weekend. Greek default fears evaporated after Prime Minister George Papandreou said the nation won’t hold a referendum to the proposed three-pronged rescue plan. Just as news of the referendum sent stocks plunging yesterday, today’s news that Greece [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VGK Soars On Europe Hopes, VXX Dips On Strong Equities Three ETFs To Watch This Week: SPY, VGK, VXX Six ETFs Up 45% Or More During The Recent Crisis Daily ETF Roundup: VXX Rebounds On Market Slide, VGK Crashes On French Worries ETF Insider: Equities Poised To Pop
Stocks finished the day in bright green territory as Euro zone euphoria paved the way higher for equities all around the globe. One the home front, the NASDAQ led the way higher with a 2.2% gain on the day, while the S&P 500 Index climbed 1.88%. Gold and oil both went along for the ride while the U.S. dollar tumbled in the currency markets. Futures prices for the precious yellow metal closed near $1,765 an ounce while crude oil prices settled around $94 a barrel as the trading session drew to a close. Investors will be paying close attention to tomorrow U.S. unemployment report as the bulls look to extend gains into the weekend. Greek default fears evaporated after Prime Minister George Papandreou said the nation won’t hold a referendum to the proposed three-pronged rescue plan. Just as news of the referendum sent stocks plunging yesterday, today’s news that Greece [...]

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