Exchange-traded funds tracking the financial sector were among the few winners of Wednesday's session, thanks to advances in several broker names.
(MS) were all higher by 1.5% or more.
Ultra Financials ProShares
(UYG) was rising $1, or 1.8%, to $57.30. The
iShares Dow Jones U.S. Broker-Dealers
(IAI) was up 76 cents, or 1.5%, to $51.48. The
KBW Regional Banking
(KRE) added 58 cents, or 1.3%, to $44.76. The
WisdomTree International Financial
(DRF) was gaining 30 cents, or 1.1%, to $28.47.
Bundled securities related to the semiconductor sector were also higher.
(TXN) were all higher by 1% or more.
Ultra Semiconductor ProShares
rose $1.61, or 1.8%, to $89.96. The
SPDR S&P Semiconductor
was up 75 cents, or 1.4%, to $55.69. The
PowerShares Dynamic Semiconductors
was adding 17 cents, or 0.9%, to $19.02.
On the other hand, ETFs tracking gold and silver were among the worst performers of Wednesday's session. Recently, gold prices were losing $4.60 to $734.20 an ounce. Silver was down 13 cents to $13.48 an ounce. Copper and other precious metals were also lower.
Market Vectors Gold Miners
was down 64 cents, or 1.4%, to $43.95. The
iShares Silver Trust
eased 74 cents, or 0.6%, to $132.93. The
iShares Comex Gold Trust
was losing 22 cents, or 0.3%, to $72.24.
Bundled securities tracking homebuilders were also among the biggest losers. Among individual names,
were losing 1.4% or more.
iShares Dow Jones U.S. Home Construction
was shedding 23 cents, or 1.1%, to $20.25. The
SPDR S&P Homebuilders
was falling 22 cents, or 1%, to $21.43.