Wall Street started the week in red territory as European debt woes stole the headlines and put investors in a gloomy mood. Investors are very fearful that Italy’s financial health is seriously deteriorating, and if no grand solutions are conceived in a timely manner, then it might be too late to bail out the country if it comes down to it. As expected, gold opened higher to start the week and the precious metal continues to climb, managing to post gains every single trading session since July 4th, 2011. Tuesday was a fairly quiet day for the markets as investors digested the first round of corporate earnings reports. Alcoa’s earnings slightly missed analyst expectations; however, the aluminum giant did post impressive revenues as well as offer positive forward-looking guidance. The real action started a few hours before the closing bell as equities sold-off following Moody’s most recent downgrade of Ireland, [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Bullish Abroad, Defensive At Home Wednesday’s ETF To Watch: iShares Barclays 20 Year Treasury Bond Fund (TLT) Three ETFs To Watch This Week: RTH, TLT, XOIL PowerShares Debuts Senior Loan ETF (BKLN) ETF Chart To Watch: iShares Barclays 20 Year Treasury Bond Fund (TLT)