Wall Street soared higher yesterday, thanks in part to a broad rally in the tech sector fueled by positive earnings reports from industry leaders. Investors were happy to see existing-home sales climb just past expectations for March and U.S. construction data also showed a better-than-expected increase in new building permits. Intel reported stellar earnings and shares jumped more than 6% after the tech-giant reported a huge jump in PC microchip sales when the industry was surely expecting a decline. A weak dollar in the currency markets coupled with disrupted production in the Middle-East sent oil futures past $110 a barrel. Gold surged higher past the $1,500 level and silver joined along for the ride with futures prices topping $45 an ounce. Grains advanced broadly higher as well with soybeans leading the way, while cotton surprisingly shed over 1% during trading. Oil currently presents an interesting opportunity after prices took a [...] Click here to read the original article on ETFdb.com. Related Posts: Seven Best ETF Performers Of Q1 (And Five Of The Worst) Three ETFs To Watch This Week: GULF, RTH, XOP Warning: Obama’s $3.73 Trillion Budget Could Sink These Three ETFs 11 Rapid Fire ETF Ideas For 2011 Playing Commodities Through Exploration ETFs