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Daily ETF Roundup: VXX Surprisingly Pops, DBA Slips Lower

By: ETFdb
Today was a peculiar day for the markets as indexes got off to a shaky start, but managed to recover their lost ground, while volatility ticked higher amidst the plethora of good news. On the home front, the Nasdaq led the way higher, gaining 0.39% on the day, while the Dow Jones Industrial Average lagged behind, posting a 0.05% gain on the day. Greece has reportedly reached an agreement with policymakers overseas, although the deal has not yet been officially finalized [see also February Edition Of ETF Edge Now Available]. Investors at home rejoiced over better-than-expected economic data; jobless claims came in at 358,000, beating analysts’ expectations of 370,000, while wholesale inventories also expanded by 1% after coming in flat last month. In international news, both the Bank of England and the European Central Bank kept their interest rates unchanged at 0.50% and 1.00% respectively. Gold’s price action on the day was [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: DBA Plummets On Commodity Weakness, VXX Surges On Nuclear Fears Daily ETF Roundup: VXX Sinks, DBA Soars Daily ETF Roundup: VXX Soars, DBA Tumbles Daily ETF Roundup: VXX Tumbles, DBA Soars Daily ETF Roundup: DBA Soars, VXX Tumbles
Today was a peculiar day for the markets as indexes got off to a shaky start, but managed to recover their lost ground, while volatility ticked higher amidst the plethora of good news. On the home front, the Nasdaq led the way higher, gaining 0.39% on the day, while the Dow Jones Industrial Average lagged behind, posting a 0.05% gain on the day. Greece has reportedly reached an agreement with policymakers overseas, although the deal has not yet been officially finalized [see also February Edition Of ETF Edge Now Available].  Investors at home rejoiced over better-than-expected economic data; jobless claims came in at 358,000, beating analysts’ expectations of 370,000, while wholesale inventories also expanded by 1% after coming in flat last month. In international news, both the Bank of England and the European Central Bank kept their interest rates unchanged at 0.50% and 1.00% respectively. Gold’s price action on the day was [...]

Click here to read the original article on ETFdb.com.

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