Equity markets finished flat to end the day, as the Dow finished in the red as the S&P 500 and the Nasdaq both managed to eek out gains. Gold was also flat as the precious metal finished the week at 1,255/oz. However, the big winner on the day was oil, which surged more than $2.55 a barrel to finish the day just above to $79 mark. The flat market was highlighted by a banking overhaul bill which ended up being far less imposing than many had feared. “The bill could have been a lot worse,” said Alan Valdes, vice president at Hilliard Lyons in New York. “It’s a bill we can live with.” [see G-20 Summit, Reform Bill Put Financial ETFs In Focus] The ETFdb 60 Index, a benchmark measuring the performance of asset classes available through exchange-traded products, headed higher by 6.58 points, or 0.7%. The gain on the day [...]

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