Daily ETF Roundup: MDY Thrives On Buying Trend, UNG Turns Sour Late
Wall Street enjoyed its third consecutive win despite a mixed bag of earnings on the day. The most notable report from today was from Exxon Mobil (XOM) who’s profit was 11% off of original targets, prompting the stock to dip during the day. Traders also cheered on better-than-expected housing data, a rare win considering the dismal outlook for that sector. All in all, the Dow was able to tack on 113 points while the S&P 500 jumped by about 0.7%. Though all signs are pointing to a positive week for equities, tomorrow morning’s GDP results will have the final word [see also 5 ETF Experts You Need To Follow On Twitter]. Moving to the commodity side of things, gold was able to make big strides today as the precious metal tacked on nearly 15 points while crude also saw a meager rise. In fact, precious metals were among today’s best [...] Click here to read the original article on ETFdb.com. Related Posts: Ten ETF Stats That Will Shock You May ETF Summary: Return to Old Form Daily ETF Roundup: UNG Bounces Back, VXX Tumbles Daily ETF Roundup: GLD Gains On Market Fears, UNG Slips On High Supplies ETFs For Your Inner Bear
Wall Street enjoyed its third consecutive win despite a mixed bag of earnings on the day. The most notable report from today was from Exxon Mobil (XOM) who’s profit was 11% off of original targets, prompting the stock to dip during the day. Traders also cheered on better-than-expected housing data, a rare win considering the dismal outlook for that sector. All in all, the Dow was able to tack on 113 points while the S&P 500 jumped by about 0.7%. Though all signs are pointing to a positive week for equities, tomorrow morning’s GDP results will have the final word [see also 5 ETF Experts You Need To Follow On Twitter].  Moving to the commodity side of things, gold was able to make big strides today as the precious metal tacked on nearly 15 points while crude also saw a meager rise. In fact, precious metals were among today’s best [...]

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

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