Exchange-traded funds tracking metals and mining were among the day's best performers. Gold was recently higher by $5.20 to $652.30 an ounce, and silver was tacking on 9 cents to $13.17 an ounce.
iShares Silver Trust
was higher by 1.4% to $133.10. The
streetTRACKS Gold Shares
ETF was rising 1% to $65.78. The
iShares Comex Gold Trust
ETF was adding 0.9% to $65.82. The
Market Vectors Gold Miners
ETF was gaining 0.5% to $40.04.
Bundled securities tracking the energy sector were also among the winners of the day. The front-month May crude contract was recently adding 47 cents to $62.75 a barrel.
United States Oil
ETF was adding 1.1% to $51.13. The
iPath Goldman Sachs Crude Oil Index
ETF rose 1% to $37.30. The
PowerShares Dynamic Energy Exploration
ETF was climbing 0.5% to $20.38. The
Energy Select Sector SPDR
ETF was recently up 0.5% to $60.52.
On the flip side, ETFs tracking homebuilders were the worst performers following key economic data. Shortly after the opening bell, the government said new-home sales unexpectedly fell 3.9% in February to 848,000 annualized units from a revised 882,000 in January. Economists had expected sales to rise to 985,000 annualized units.
iShares Dow Jones U.S. Home Construction
ETF was recently down 2.3% at $35.97. The
ETF was sliding 1.8% at $34.09.
B2B Internet HOLDRs
ETF was also lower as
was slipping 1.4%. The ETF was off 3 cents, or 1.4%, to $2.13.