Strong corporate earnings couldn’t help U.S. equities today, as the seemingly never-ending Euro Zone drama took center stage once again. For the first time in four sessions, Spain’s debt dilemma tripped stocks, as new concerns emerged about the possibility of the country being forced into a full-fledged sovereign bailout to ease Spain’s debt burdens. Despite several companies reporting better than expected earnings, U.S. equities fell victim to the looming global economic worries: the Dow Jones Industrial Average dropped 0.9%, while the S&P slipped 1.0% and Nasdaq tumbled 1.4% [see also Seven Simple & Cheap ETF Model Portfolio]. On the corporate earnings front, bellwether General Electric (GE) beat second quarter expectations, though revenues slightly missed the mark. Internet giant Google’s (GOOG) revenues also fell short, but they too reported better than expected earnings. Across the Atlantic, Germany’s producer price index cam in lower than expected at 1.6%, versus the previous reported 2.1%. Canada reported [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: DBB Soars On Alcoa Earnings, VXX Sinks As Confidence Improves Daily ETF Roundup: DBB Gains On Metals, VXX Falls On Market Strength Daily ETF Roundup: VXX Surges On European Uncertainty, DBB Falls On Chinese Demand Concerns Daily ETF Roundup: VXX Jumps On More European Woes, DBB Sinks On Demand Fears Daily ETF Roundup: VXX Tumbles On Market Optimism, DBB Rises On Chinese Data