Exchange-traded funds tracking homebuilders were among the worst performers of a mixed session Thursday, as traders booked profits on housing stocks that have surged so far this week.
were all dropping.
iShares Dow Jones U.S. Home Construction
was down 79 cents, or 3.5%, to $21.73. The
SPDR S&P Homebuilders
fell 65 cents, or 2.8%, to $22.90.
Oil-related ETFs were also on the decline, as crude continued its multi-session freefall that has lopped nearly 4% off prices. Lately, the November front-month crude contract was shedding 14 cents to $79.80.
Ultra Oil & Gas ProShares
was losing $1, or 0.9%, to $109.18. The
iShares Dow Jones U.S. Oil Equipment Index
was down 45 cents, or 0.7%, to $63.99. The
Energy Select Sector SPDR
slid 44 cents, or 0.6%, to $74.03.
Bundled securities tracking the chip sector were also under pressure, a day after
disappointing quarter and Merrill Lynch's bearish coverage of
Advanced Micro Devices
Ultra Semiconductor ProShares
eased 89 cents, or 1%, to $86.86. The
was down 19 cents, or 0.5%, to $37.97. The
iShares S&P GSTI Semiconductor
was shedding 36 cents, or 0.5%, to $67.17.
On the other hand, utility-related ETFs were among the few winners. Among individual names,
were all higher.
Ultra Utilities ProShares
was up $1.12, or 1.4%, to $82.44. The
was rising $1.35, or 0.9%, to $147.75. The
PowerShares FTSE RAFI Utilities
added 49 cents, or 0.9%, to $58.02.