American equity markets started the week on a down note thanks to banking worries in Europe but managed to surge in the final minutes of trading to turn things around for Monday. The Dow managed to finish higher by 0.6% while the S&P 500 and the Nasdaq rose by 0.7% and 1.1%, respectively. Commodity markets also experienced choppy trading, gold was sent tumbling, falling by nearly 2.2% on the day while oil managed to gain, finishing the session up just under 1.9%, putting the benchmark WTI crude contract just over $1.10 away from the $90/bbl. mark. In currencies and bonds, the U.S. dollar was pretty much flat but lost a tad against the euro and the yen. In Treasury bonds, both the Ten Year and the Two Year saw yields rise marginally, gaining a few basis points each and moving the two year up to the 0.22% mark. One of [...] Click here to read the original article on ETFdb.com. Related Posts: August ETF Stats: Keeping The Winning Streak Alive (Just Barely) July ETF Stats: $13 Billion of Inflows NSX Data: VWO Leads All ETFs In YTD Inflows May ETF Stats: Month Of Net Outflows Daily ETF Roundup: EWY Surges, UUP Slides
American equity markets started the week on a down note thanks to banking worries in Europe but managed to surge in the final minutes of trading to turn things around for Monday. The Dow managed to finish higher by 0.6% while the S&P 500 and the Nasdaq rose by 0.7% and 1.1%, respectively. Commodity markets also experienced choppy trading, gold was sent tumbling, falling by nearly 2.2% on the day while oil managed to gain, finishing the session up just under 1.9%, putting the benchmark WTI crude contract just over $1.10 away from the $90/bbl. mark. In currencies and bonds, the U.S. dollar was pretty much flat but lost a tad against the euro and the yen. In Treasury bonds, both the Ten Year and the Two Year saw yields rise marginally, gaining a few basis points each and moving the two year up to the 0.22% mark. One of [...]
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