Daily ETF Roundup: GLD Hits Six Week High, UNG Crushed By Mild Weather

By: ETFdb
Today saw markets see-saw back and forth as investors had trouble making up their minds on whether or not the euro-zone was a big enough issue to warrant a sell-off. The day started off rough, but things eventually rebounded, pushing the Dow through the 12,000 mark as the massive index gained 85 points on the day. The S&P 500 gained 7.89 points, but neither index could match the success of gold and oil. The two bellwether commodities saw impressive days as oil fought to finish out at $95.9 per barrel, marking a 1.7% increase on the day. Gold was able to flourish in spite of the hefty volatility seen in major equities, as the metal jumped 2.4% to close out just below $1,800 per ounce [see also Ten Best ETF Performers Over The Last Five Years (Including A Few Surprises)]. All eyes were fixed on the euro-zone today, as investor [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Price Cuts: NAGS, EPI Slash Fees February ETF Flows: Commodities Are Hot, Emerging Markets Are Not Daily ETF Roundup: UNG, GLD Lead Commodity ETF Surge Many Uses Of Commodity ETFs Daily ETF Roundup: UNG Reverses Course, GDX Gains
Today saw markets see-saw back and forth as investors had trouble making up their minds on whether or not the euro-zone was a big enough issue to warrant a sell-off. The day started off rough, but things eventually rebounded, pushing the Dow through the 12,000 mark as the massive index gained 85 points on the day. The S&P 500 gained 7.89 points, but neither index could match the success of gold and oil. The two bellwether commodities saw impressive days as oil fought to finish out at $95.9 per barrel, marking a 1.7% increase on the day. Gold was able to flourish in spite of the hefty volatility seen in major equities, as the metal jumped 2.4% to close out just below $1,800 per ounce [see also Ten Best ETF Performers Over The Last Five Years (Including A Few Surprises)].  All eyes were fixed on the euro-zone today, as investor [...]

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

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