Despite the choppy trading and continued uncertainty in Europe, American stock managed to finish the day higher pretty much across the board. The Dow rose by 0.4% while the broader indexes more than doubled the 30 stock index, as the S&P 500 rose by 0.9% and the Nasdaq gained 1.5% for the day. In commodity markets, most resources finished in the green as well, as gold added about 1.3% and oil surged to just below the $90/bbl. mark on a 1.9% gain. Soft commodities, on the other hand, did see broad weakness on the session as all of the grains slumped, led lower by 3% losses in the corn and wheat markets on hopes for higher supply levels. In currency markets, the dollar finished slightly lower against most of the major currencies, falling below the 77 yen mark but staying flat against both the euro and the pound. The biggest [...] Click here to read the original article on ETFdb.com. Related Posts: This Week In ETFs: September 11th Edition ETF Insider: No Job Hopes For Wall Street Bulls ETF Insider: Stocks Pop On Job Hopes ETF Insider: Caution, Bumpy Trading Ahead ETF Insider: Mr. Market’s Wild Ride
Despite the choppy trading and continued uncertainty in Europe, American stock managed to finish the day higher pretty much across the board. The Dow rose by 0.4% while the broader indexes more than doubled the 30 stock index, as the S&P 500 rose by 0.9% and the Nasdaq gained 1.5% for the day. In commodity markets, most resources finished in the green as well, as gold added about 1.3% and oil surged to just below the $90/bbl. mark on a 1.9% gain. Soft commodities, on the other hand, did see broad weakness on the session as all of the grains slumped, led lower by 3% losses in the corn and wheat markets on hopes for higher supply levels. In currency markets, the dollar finished slightly lower against most of the major currencies, falling below the 77 yen mark but staying flat against both the euro and the pound. The biggest [...]
Click here to read the original article on ETFdb.com.
Related Posts:
