April 20, 2012 at 18:00 PM EDT
Daily ETF Roundup: UNG Bounces Back, VXX Tumbles
Markets were able to finish the week out with mild gains as strong earnings from General Electric and McDonald’s gave a much needed push to equities. The Dow jumped by 65 points while the S&P 500 gained a meager 0.1% as a late day sell-off put early gains in check. All in all, this was another tough week for investors as markets seem to be falling into a horizontal trend, failing to establish meaningful momentum in either direction. We still have a few weeks left in earnings season, which has been generally positive to date, but afterwards will see a greater focus on euro zone woes as well as struggling U.S. data. On the commodities side of things, softs dominated markets, as soybeans, cocoa, and coffee were among the best performing futures on the day. Gold was able to jump in early trading, but fell as markets came to a [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: UNG Rises Ahead Of Storage Data, VXX Loses 50% For The Year Seven Surprising ETF Performance Comparisons Daily ETF Roundup: VXX Spikes After Fed Minutes, UNG Down On Strong Dollar Daily ETF Roundup: VXX Surges On French Downgrade, UNG Stumbles On Natural Gas Outlook Daily ETF Roundup: UNG Surges As Weather Breaks, VXX Tanks Despite Market Woes
Markets were able to finish the week out with mild gains as strong earnings from General Electric and McDonald’s gave a much needed push to equities. The Dow jumped by 65 points while the S&P 500 gained a meager 0.1% as a late day sell-off put early gains in check. All in all, this was another tough week for investors as markets seem to be falling into a horizontal trend, failing to establish meaningful momentum in either direction. We still have a few weeks left in earnings season, which has been generally positive to date, but afterwards will see a greater focus on euro zone woes as well as struggling U.S. data. On the commodities side of things, softs dominated markets, as soybeans, cocoa, and  coffee were among the best performing futures on the day. Gold was able to jump in early trading, but fell as markets came to a [...]

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

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