Daily ETF Roundup: MUB Tumbles, XLE Roars Higher
Stock markets in the U.S. finished the day mixed as a strong performance from the oil sector helped to buoy the broader indexes ahead of the more concentrated DJIA. Still, both the Nasdaq and the S&P 500 finished the day up by less than 10 points each while the Dow slid by just five, in what was a surprisingly flat session for most of the widely-held portfolio components. Commodities were also mixed in the session as gold rose marginally above the $1,360/oz. mark while oil fell back below the $85/bbl. level, however, the real focus was on the base metals, especially copper. Prices of the red metal surged by close to 10 cents a pound or just about 2.1% as China increased its copper imports for the month of January despite ongoing concerns over a slowdown in the country. One of the biggest winners in the ETF world was the [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: XLE Surges, XHB Tumbles Daily ETF Roundup: XLE Rises, JJC Sinks Daily ETF Roundup: UNG Soars, MUB Tumbles Looking For Juicy Yields? Try Muni Bond ETFs Look Out Below! Muni Bond ETFs In Freefall
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