Major Market ETFs Rally As Fed Signals Low Rate Continuation; GDXJ Pops, VXX Sinks

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[Chart courtesy of MarketWatch.com] Major market ETFs rallied for the second day Thursday, marking its biggest two-day gain in 2012, as the Federal Reserve signaled continuation of low interest rate and accommodative monetary policies to avoid a slowdown. Sentiments were also buoyed after data released by the Chinese central bank showed new loan volumes were higher than estimated, reducing fears …