This Day On The Street
Continue to site
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

Tuesday's ETF Winners & Losers

Tech-related exchange-traded funds were trading up Tuesday, as big gains in semiconductor and Internet names led the broader market higher.

Among individual names, Yahoo! (YHOO) surged 5% after Bear Stearns named the search engine one of its top picks. Elsewhere, Amazon.com (AMZN), Texas Instruments (TXN), Applied Materials (AMAT) and Intel (INTC) were all higher by 2% or more.

The Ultra Semiconductor ProShares (USD) was higher by $3.10, or 3.6%, to $89.79. The Internet HOLDRS (HHH) was adding $1.56, or 2.6%, to $60.46. The Semiconductor HOLDRS (SMH) rose 87 cents, or 2.3%, to $38.76. The Ultra Technology ProShares (ROM) was up $1.69, or 2.1%, to $82.49.

Bundled securities tracking the energy sector were also on the rise as Hurricane Felix was churning about 65 miles off the coast of Nicaragua and was set to make landfall as a category 5 storm. Meanwhile, tropical storm Henriette strengthened into a hurricane on the western side of Mexico. The October front-month crude contract was rising 71 cents at $74.75 a barrel.

The Ultra Oil & Gas ProShares (DIG) was rising $3.92, or 4.1%, to $100.21. The SPDR S&P Oil & Gas Exploration & Production (XOP) was up $1.03, or 2.4%, to $44.14. The iShares Dow Jones U.S. Oil & Gas Exploration Index (IEO) was adding $1.38, or 2.5%, to $55.82.

On the other hand, Treasury-related ETFs were declining as investors pulled out of bonds and moved money into equities. Recently, the 10-year note was down 3/32 in price, raising the yield to 4.56%. The 30-year bond was off 5/32 in price, yielding 4.84%.

The SPDR Barclays Capital TIPS (IPE) was down 59 cents, or 1.2%, to $48.34. The SPDR Lehman Long-Term Treasury (TLO) was off 55 cents, or 1.1%, to $51.26. The SPDR Lehman Intermediate-Term Treasury (ITE) was losing 41 cents, or 0.8%, to $53.52.

The Retail HOLDRs (RTH) was also lower as Home Depot (HD) dropped 5% after the home repair retailer said it would spend $10.7 billion to buy back stock. The ETF was down 83 cents, or 0.8%, $101.12.

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
Only $9.95
14-Days Free
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
ROM $158.98 0.07%
TLO $74.91 -0.17%
SMH $56.15 0.54%
RTH $76.44 0.29%
ITE $60.60 0.03%

Markets

DOW 17,984.95 -49.98 -0.28%
S&P 500 2,100.38 -0.02 -0.00%
NASDAQ 5,018.49 +23.8880 0.48%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs