Market Wrap-Up

A record $18 billion initial public offering by

Visa

Exxon

Chevron

DuPont

Alcoa

Winners

China has been one of the hottest investments of the last few years. Indeed, according to Lipper funds that tracked that country averaged an annual gain of 58% the last two years. However, in 2008 inflation fears have investors cooling on it. Year-to-date the

iShares FTSE/Xinhua China 25

ProShares UltraShort FTSE/Xinhua China 25

Losers

A series of commodity funds the year's high flyers succumbed to some profit taking. Gold was especially hard hit.

Market Vectors Gold Miners

Market Vectors Coal

iPath Dow Jones-AIG Grains Total Return

SPDR S&P Metals and Mining

Wednesday's Major Headlines

Launch Pad

State Street Global Advisors announced the

SPDR DB International Government Inflation-Protection Bond ETF

Thursday's Notebook

Earnings

Thursday: Barnes & Noble, Bear Stearns, FedEx, Luby's, Palm, Children's Place, Winnebago

Economic Data
Thursday: Philadelphia Fed (10 a.m.)

Quick Take

A look at how some of the industry's most-popular ETF did Wednesday.