Investors returned quietly to Wall Street after the long holiday weekend as equity markets oscillated between small gains and losses for most of trading on Tuesday. Moody’s downgraded Portugal’s sovereign debt to junk-status, sending the euro lower in the currency markets and gold even higher. The hot yellow metal lead the way up and jumped more than $30 at the start of trading, and was able to climb back above the psychologically significant $1,500 level. Oil went along for the ride as well, gaining upwards of 2% for the day, as crude futures marched past $97 a barrel. On Wednesday domestic equity indexes were able to edge higher as investors bought in on the dip. However, light trading volumes are always a risky environment to participate in, simply because volatility can strike even quicker. Investors are waiting to hear from the ECB on Thursday regarding its interest rate decision, while [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Will The Market’s Fireworks Continue? Best ETF Performers Of 2010: Winners For Every ETFdb Category Time For A Real Estate ETF? ETF Insider: A Dead Cat Bounce? First Small Cap REIT ETF Debuts: ROOF