Teucrium, the Vermont-based firm behind the ultra-popular Corn Fund (CORN) that has plans to launch several additional commodity-specific ETPs, has laid the groundwork for another fund that would approach exposure to commodities in a new way. In a recent SEC filing, the firm detailed the Teucrium Agricultural Fund, which would offer exposure to agricultural commodities through other Teucrium products. The proposed ag fund, which would trade under the ticker TAGS, would seek to deliver daily changes equal to a weighted average of the NAVs per share of four other Teucrium products: [click to continue…]
U.S. equity markets capped off the first quarter on a mixed note as surging oil prices and a lukewarm unemployment claims report left stocks on rocky footing heading into April. The Dow, which at one point was up about 30 points on the session, finished the day lower by 31 while the S&P 500 finished [...]
American equity markets rose modestly in Wednesday’s session as gains in the technology and basic materials sector helped to carry the market slightly higher on the day. The Dow gained 68 points while the S&P 500 rose by just 0.3% and the Nasdaq gained 0.5%, boosted in large part by solid performances out of the [...]
IndexIQ, the ETF issuer best known for its lineup of hedge fund replication and county-specific small cap ETFs, announced the launch of a new fund today targeting an increasingly popular and relevant corner of the global equity market. The Global Agribusiness Small Cap ETF (CROP) will track the IQ Global Agribusiness Small Cap Index, a [...]
U.S. equity markets continued their slide in Tuesday trading as fears over a nuclear disaster in Japan weighed on global equities. The Dow was down close to 1.2% while the broader indexes suffered similar losses of 1.3% for the Nasdaq and 1.1% for the S&P 500. Meanwhile, commodities continued to take a beating as gold [...]
February marked another month of growth for the U.S. ETF industry, though the pace of inflows slowed a bit from recent months. According to data from the National Stock Exchange assets stood at $1.055 trillion at the end of February, an increase of about 3.5% over the previous month. February inflows totaled $7.4 billion, down [...]
Although equity markets tumbled to start Thursday’s session, they soon rebounded to finish the day in the green across the board as rising oil prices allowed the energy sector to carry the broad markets to gains. The Dow and Nasdaq both rose by 0.2% while the broad S&P 500 gained 0.3% on the day thanks [...]
American equity markets finished the day mixed as the Dow managed to continue its winning streak but the other major benchmarks slid marginally in the session. The Dow finished ahead by seven points while the broader Nasdaq and S&P 500 both declined by 0.3% in Wednesday trading as comments from Fed Chair Ben Bernanke on [...]
Despite a slump in markets to start the day, U.S. equities managed to rally in late trading to finish both the day and the week higher. The Dow and Nasdaq both finished ahead by 0.2% while the S&P 500 posted a gain of 0.3% thanks to a small rally in the last half hour which [...]
U.S. equity markets surged in Thursday trading as investors cheered the successful IPO of GM and progress in the Irish debt crisis. All three of the major American indexes finished the day up roughly 1.5% while commodities also rebounded; oil gained 1.9% and gold surged 1.1%. Meanwhile, Treasury markets continued their slump as yields rose [...]
U.S. equity markets surged to start the week, as solid retail sales helped to boost optimism in the markets early in Monday trading. However, stocks eventually slumped and finished the day close to breakeven, as the Dow managed to gain just 0.1% while the S&P 500 lost 0.1% and the Nasdaq fell by 0.2%. Commodity [...]
