This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Wednesday's ETF Winners & Losers

Overseas-related exchange-traded funds were among the best performers Wednesday, as foreign markets surged overnight.

Last time out, Hong Kong's Hang Seng Index jumped 2.8%, China's CSI 300 Index added 1.6% and South Korea's Kospi Index rose 1.3%.

The iShares FTSE/Xinhua China 25 Index (FXI) was higher by $6.98, or 5.4%, to $135.98. The SPDR S&P China (GXC) was adding $3.68, or 5.5%, to $70.55. The iShares MSCI South Korea Index (EWY) gained $2.28, or 3.9%, to $60.46. The SPDR S&P Emerging Markets (GMM) was up $2.20, or 3.6%, to $63.96.

Basic materials-related bundled securities were also higher. Among individual stocks, Alcoa (AA), Dow Chemical (DOW), Nucor (NUE) and Freeport-McMoRan (FCX) climbed more than 3%.

The Ultra Basic Materials ProShares (UYM) jumped $4.43, or 5.9%, to $80.12. The iShares Dow Jones U.S. Basic Materials (IYM) was adding $2.03, or 3.1%, to $67.24. The Vanguard Materials (VAW) ETF was up $2.31, or 2.9%, to $80.96. The Materials Select Sector SPDR (XLB) was adding $1.10, or 2.9%, to $38.92.

On the other hand, the United States Natural Gas (UNG) ETF was the worst decliner of Wednesday's session, as natural gas slid 22 cents to $5.81 per million British thermal units. The ETF was falling $1.28, or 3.4%, to $36.56.

ETFs tracking crude oil were also lower, as the front-month contract slipped 54 cents to $69.03 a barrel. Earlier, the Energy Department posted its weekly inventory report that showed a rise of 1.9 million barrels in crude inventories last week.

The iPath S&P GSCI Crude Oil Index (OIL) was losing 25 cents, or 0.7%, to $38.39. The United States Oil (USO) shed 38 cents, or 0.7%, to $52.05.

Bundled securities following U.S. Treasuries were also declining, as traders pulled investments from bonds and poured money into equities. The 10-year Treasury note fell 13/32 in price, cutting the yield to 4.65%, and the 30-year bond was off 9/32, yielding 4.97%.

The iShares Lehman 7-10 Year Treasury Bond (IEF) slumped 26 cents, or 0.3%, to $83.31. The SPDR Lehman Long-Term Treasury (TLO) was lower by 16 cents, or 0.3%, to $50.56. The Vanguard Long-Term Bond (BLV) ETF eased 21 cents, or 0.3%, to $73.63.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
GXC $82.41 0.00%
FXI $43.10 0.00%
IEF $108.12 0.00%
IYM $81.41 0.00%
OIL $10.25 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs