June ETF Performance Report
June 30th at 2:00pm by Tom Lydon
Today, the markets wrap up a month, a quarter and the first half of the year and it was a rocky June for exchange traded fund (ETF) investors. The Dow Jones industrial average lost 10.2% this month, while the Nasdaq finished 9.1% lower and the S&P 500 lost 8.6%.
Commodities, oil and metals continued to be strong performers, as they have been for much of this year. Oil settled the month at $140 a barrel, and gasoline reached a new record national average of $4.086 a gallon.
The bad news and economic environment didn’t help the financial service-related ETFs, as their sector was down the most for the month by about 19%.
Click here to view the full ETF performance report and see how the different asset classes, sectors and global regions performed for the month, quarter and first half of 2008.
