Investors desperately seeking diversification amid all the volatility in stocks both in the U.S. and abroad found some salvation in commodities last month as 15 of 19 constituents in the Dow Jones-UBS Commodity Index gained ground.
The paralyzing combination of the U.S. debt ceiling debate, compromise and subsequent debt rating downgrade and prolonged uncertainty surrounding Europe's own debt crisis conspired to drive stocks down throughout the month, giving institutional investors every reason to move money into commodities-based funds and indices.
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