Stocks ease back on losses, but gold, volatility add to gains


U.S. stocks are well off session lows, but gold continues to move ahead, now up 2.3% and at a 4-month high of $1,352 per ounce. At a 5-month high is WTI crude oil, up 2.1% to $1.04.74 per barrel.

Not showing much movement earlier, money is now flowing out of Europe and into the greenback, which has gained 0.5% against the euro (FXE) and cable (FXB) and 0.4% vs. the Swiss franc (FXF)

Another beneficiary is volatility, and the iPath S&P 500 VIX Short-Term Futures ETN (VXX +5.4%) moves to its highest level in a month.

Vol ETFs: VXX, UVXY, TVIX, XIV, VIXY, SVXY, ZIV, VXZ, VIXM, VQT, CVOL, VIIX, XVZ, PHDG, VIXH, ACWV, XVIX, XXV, TVIZ, IVOP, VIIZ

Gold ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GLL, DZZ, UGLD, DGL, GLDI, DGZ, AGOL, DGLD, TBAR, UBG, GLDE, GYEN, GEUR, GGBP

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Comments (3)
  • filipo
    , contributor
    Comments (4649) | Send Message
     
    WTI at $1.04.74 ???
    3 Mar 2014, 04:27 PM Reply Like
  • mrmedusa
    , contributor
    Comments (579) | Send Message
     
    Yup. That's a buck three fifty.
    3 Mar 2014, 08:52 PM Reply Like
  • jahu
    , contributor
    Comments (19) | Send Message
     
    oil surge?? Wonder for what freason.. It should be called WTF.. not WTI
    3 Mar 2014, 09:28 PM Reply Like
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