Daily ETF Roundup: EWZ Tumbles, DBA Marches Higher
February 09, 2011 at 16:54 PM EST
American equity markets finished the day mixed as the Dow managed to continue its winning streak but the other major benchmarks slid marginally in the session. The Dow finished ahead by seven points while the broader Nasdaq and S&P 500 both declined by 0.3% in Wednesday trading as comments from Fed Chair Ben Bernanke on long-term unemployment and a general feeling of an overbought market kept shares subdued throughout the session. Major commodity markets also finished the day flat as gold and oil both oscillated between gains and losses before the both finished lower by a couple cents each. Much bigger moves came in the Treasury and currency markets where the dollar index fell by 0.5% and suffered the biggest losses against the euro, and the Swiss franc. Despite this, investors continued to pile into U.S. Treasury bonds as yields declined across all maturity levels with the biggest notional moves [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: DBA Rises, EWZ Sinks January ETF Flows: Hot Start To 2011 Thursday’s ETF Chart To Watch: iShares MSCI Brazil Index Fund Daily ETF Roundup: EWZ Bounces Back, UUP Slides Daily ETF Roundup: JJC Continues Climb, EWZ Slides