The Utilities HOLDRs (UTH) was the session's best performer Monday as TXU (TXU) said it will go private through the largest leveraged buyout in history. The ETF was higher by $4.10, or 3%, to $139.71.
The PowerShares Lux Nanotech (PXN) ETF was also gaining ground after holdings Altair Nanotechnologies (ALTI) and Cambridge Display Technology (OLED) were up by 4.6% and 4.1%, respectively. The ETF was higher by 20 cents, or 1.1%, to $17.94.
On the other hand, transportation stocks were weaker as the price of oil pushed as high as $61.75 a barrel. The iShares Dow Jones Transportation Average (IYT) ETF was losing $2.10, or 2.3%, to $90.49.The B2B Internet HOLDRs (BHH) was one of the session's worst performers as holding CheckFree (CKFR) was falling nearly 1.5%. The ETF was down 3 cents, or 1.6%, to $2.24.