Today was yet another roller coaster ride for markets; equities quickly sold off the previous session’s gains in the morning, only to claw back towards positive territory, then finally tumble into the red yet again at closing. Sour U.S. retail sales data coupled with ongoing Euro Zone worries quickly eroded investors’ confidence in the push towards a global economic recovery; the Dow Jones Industrial Average shed 77.42 points or 0.62%, while the S&P 500 fell 0.7%, and Nasdaq settled at the bottom of the barrel with a 0.86% loss [see also 101 ETF Lessons Every Financial Advisor Should Learn]. U.S. retail sales fell yet again in May, slipping 0.2% and prompting the first string of declines in nearly two years. Although this latest report paints a rather grim picture for the consumer discretionary sector, automobile sales were reported to be up 0.8% as Americans bought 1,334,600 new vehicles in the month of May. [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: XHB Pops On Optimism, VXX Continues To Sink Daily ETF Roundup: XHB Rises With ISM Data, VXX Sinks Lower ETF Insider: Gear Up For Turbulence Daily ETF Roundup: XHB Rebounds, VXX Inches Lower Daily ETF Roundup: VXX Jumps With Sell-Off, XHB Plunges Lower