Daily ETF Roundup: RWX Sinks, DBA Surges

U.S. equity markets had a choppy Friday to close out the week, as all the major equity markets managed to finish in positive territory despite a steep drop to start the day off. Oil again finished the day lower, this time by close to $1/bbl. as the U.S. dollar finished mostly flat against the major currencies of the world. Treasury markets also stayed rangebound, while precious metals continued to remain in focus; gold reached a new intra-day high of $1,284/oz. before slipping back to the $1,276 mark to close out the week. Today’s choppy session saw large gains in some of the tech sector, led by a strong day out of Oracle. The company basked in the glow of its quality earnings report, which helped to propel the stock higher by close to 9%. However, the banking sector was not quite as lucky, as Bank of America lost over 1.1% and [...] Click here to read the original article on ETFdb.com. Related Stories: Daily ETF Roundup: DBA Rises, EWZ Sinks Daily ETF Roundup: UNG Surges, VXX Sinks Daily ETF Roundup: GDX Jumps, VXX Sinks