U.S. equity markets opened solidly in the red today as oil prices pulled back 3%+.  But while lower oil prices in recent months would have no doubt meant a lower close for stocks as well, that wasn’t the case today as equities bounced back to close flat on the day.  Consumer Discretionary (XLY) led the way higher among the ten sectors, while Energy (XLE), Materials (XLB) and Health Care (XLV) were down the most.  Performance was scattered outside of the US, and Treasury ETFs posted small gains.  You can view today’s returns plus the month-to-date and year-to-date numbers across asset classes in our key ETF matrix below.

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