March 14, 2011 at 04:00 AM EDT
Three ETFs To Watch This Week: DXJ, XLE, FXF
Last week domestic equities were confined to a volatile trading range. The S&P 500 and Dow Jones both slid lower by over a percentage point each, while the NASDAQ took a much larger hit and lost over two percentage points for the week. Ongoing tension in the Middle East, especially recent protests in Saudi Arabia, caused plenty of concerns for equities world-wide, with emerging market indexes broadly trending lower as well. On Friday, a devastating earthquake shook Japan, triggering a massive tsunami and potential nuclear crisis in one of the world’s largest economies. Surprisingly enough, oil failed to make new high; the energy commodity has been falling since last Wednesday and it closed right near the $100 mark on Friday. Given all the uncertainty and volatility in the markets last week gold was rather weak despite its “safe haven” appeal, with the precious metal closing at around $1,420 an ounce [...] Click here to read the original article on ETFdb.com. Related Posts: Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds Daily ETF Roundup: XLE Plunges As Crude Retreats, VXX Soars On Mideast Tensions Swiss Franc ETF (FXF): The Overlooked Safe Haven Daily ETF Roundup: MUB Tumbles, XLE Roars Higher Daily ETF Roundup: XLE Surges, XHB Tumbles
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