Daily ETF Roundup: UNG Surges, DBA Sinks
November 19, 2010 at 17:01 PM EST
Despite a slump in markets to start the day, U.S. equities managed to rally in late trading to finish both the day and the week higher. The Dow and Nasdaq both finished ahead by 0.2% while the S&P 500 posted a gain of 0.3% thanks to a small rally in the last half hour which pushed the benchmark up to 1,200. Commodity markets finished relatively flat as oil and gold both stayed within one dollar of their respective opening prices, however, soft commodities were not as fortunate as a slump in prices hit these futures markets across the board despite relative weakness in the U.S. dollar index. Today’s market moving events mostly came from overseas as investors breathed a collective sigh of relief over the debt crisis in Ireland which looks to be resolved within the next few days as the EU and IMF hammer out a debt relief package for [...] Click here to read the original article on ETFdb.com.