iShares MSCI Emerging Index Fund ( EEM ): +2.9% SPDR Select Sector Fund - Financial ( XLF ): -0.4% PowerShares QQQ Trust, Series 1 ( QQQ ):+0.7% iPath S&P 500 VIX Short Term Futures ETN ( VXX ): +15.2% Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV were weaker. Comments from St Louis Fed president James Bullard and soft economic data soothed jittery investors and led the averages off their lows. Speaking on Bloomberg News, Bullard addressed the catalyst for Wall Street's freefall and assured financial markets that higher wages don't necessarily translate into inflationary pressures.