Daily ETF Roundup: UNG Sinks, IYZ Surges Higher

By: ETFdb
Once again, U.S. equity markets surged in early trading only to suffer a setback in the final hours of the day. However, today’s session saw markets come back in the final fifteen minutes to power back to gains across the board. The Dow finished the day up by close to 50 points while the Nasdaq and the S&P 500 both posted more modest gains of around 0.1% in Tuesday trading. In commodity markets, energy fell across the board while softs and grains also retreated broadly in the session. The big story continued to be in the Treasury market were yields marched higher yet again as every bond level beyond five years gained at least .10% in terms of yield. The biggest news on the day came from Best Buy, which reported a surprisingly weak quarter on the back of declining demand for many of its high profile electronic devices. The retail [...] Click here to read the original article on ETFdb.com. Related Stories: Daily ETF Roundup: UNG Shoots Higher, GDX Sinks On Gold’s Tumble Daily ETF Roundup: PBP Sinks, DBA Jumps Higher Daily ETF Roundup: EWJ Sinks, UNG Continues Higher
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