Markets were on a wild ride today as a number of conflicting data points pushed and pulled major equities in either direction. Eventually, the bears took over and most major benchmarks ended the week down, capping off another losing week on the street. The Dow lost 34 points and the S&P 500 surrendered 0.34% in today’s trading while the Nasdaq squeaked out a 0.01% gain. Although consumer sentiment was better than expected for the day, news of JP Morgan’s astronomical trading losses were enough to spook investors [see also 3 ETFs For A Euro Zone Double-Dip]. On the commodity side of things crude oil continued to take a beating as it lost 1.5% in trading. This marks a near two-week wallop for the fossil fuel as it has failed to establish any positive momentum in recent sessions. Gold also saw big losses on the day, creating a very enticing buy for those who believe [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Recovers As Market Tank, XLF Leads Losses Daily ETF Roundup: XLF Tanks On Europe Fears, VXX Soars Amidst Uncertainty Daily ETF Roundup: XLF Surges On Europe Hopes, VXX Plunges On Market Strenght Daily ETF Roundup: XLF Surges On Euro Zone Hopes, VXX Sinks On Equity Surge August ETF Stats: Keeping The Winning Streak Alive (Just Barely)