Pharmaceutical-related exchange-traded funds were among few winners of Tuesday's session, thanks to a gain of more than 5% in Bristol-Myers Squibb (BMY Quote).
A judge ruled in favor of Bristol-Myers and blocked a generic version of the Plavix blood-thinning drug. Bristol-Myers, which sells the drug in the U.S, was recently up $1.42, or 4.7%, to $31.73. France-based Sanofi-Aventis (SNY Quote), which holds the patent to the Plavix drug, was also higher. The Pharmaceutical HOLDRs (PPH Quote) was recently up 41 cents, or 0.5%, to $83.27. The iShares Dow Jones U.S. Pharmaceuticals (IHE Quote) ETF was adding 3 cents, or 0.1%, to $57.47. On the losing side, bundled securities tracking semiconductors were among the worst performers. Among individual names, Texas Instruments (TXN Quote), Altera (ALTR Quote) and Advanced Micro Devices (AMD Quote) were lower by 1% or more. The Ultra Semiconductor ProShares (USD Quote) ETF was losing $1.32, or 1.5%, to $84.54. The PowerShares Dynamic Semiconductors (PSI Quote) ETF fell 17 cents, or 0.9%, to $19.49. The iShares Goldman Sachs Semiconductor (IGW Quote) ETF was easing by 58 cents, or 0.9%, to $65.97. The Semiconductor HOLDRs (SMH Quote) ETF was 21 cents, or 0.5%, lower at $38.04. Housing-related ETFs were among losers. Earlier, a government report said U.S. housing starts fell a greater-than-expected 2.1% in May to 1.47 million annualized units. On average, economists were looking for new construction to total 1.48 million units. The SPDR Homebuilders (XHB Quote) ETF was down 21 cents, or 0.5%, to $32.61. The iShares Dow Jones U.S. Home Construction(ITB Quote) ETF was recently falling by 4 cents, or 0.2%, at $33.86. Energy-related ETFs were also lower, as crude oil pulled back from a near 10-month high. The front-month crude contract was down 41 cents to $68.68 a barrel, and gasoline was losing 3 cents at $2.22 a gallon. The SPDR S&P Oil & Gas Exploration & Production (XOP Quote) ETF was off 29 cents, or 0.6%, to $48.82. The PowerShares DB Oil (DBO Quote) was down 22 cents, or 0.8%, to $27.19. The iShares Dow Jones U.S. Oil & Gas Exploration Index (IEO Quote) was lower by 33 cents, or 0.5%, to $61.92. The PowerShares Dynamic Energy Exploration (PXE Quote) fell 10 cents, or 0.4%, to $24.01.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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