Updated from 2:40 p.m. EDT with new stock prices
Energy-related exchange-traded funds were the worst performers of Friday's losing session. Oil prices pulled back after setting an all-time high. Crude was recently down to $88.60, having earlier set an intraday record of $90.07. Additionally, oil giant Schlumberger (SLB Quote) posted a 35% rise in profit from a year ago, handily beating estimates. Shares plummeted 11.02%, though, due to weakness in North America highlighted in the earnings reports The Ultra Oil & Gas ProShares (DIG Quote) dropped $10.44, or 8.68%, to $109.81. The iShares Dow Jones U.S. Oil Equipment Index (IEZ Quote) was losing $4.27, or 6.45%, to $61.90. The Oil Service HOLDRs (OIH Quote) was down $12.31, or 6.18%, to $186.78. Bundled securities tracking Asian stocks also traded sharply lower. Overnight, Japan's Nikkei 225 slid 1.7%, and India's Sensex Index slumped 2.4%. The iShares FTSE/Xinhua China 25 Index (FXI Quote) was falling $13.74, or 6.47%, to $198.76. The SPDR S&P China (GXC Quote) was off $6.61, or 6.01%, to $103.29. The PowerShares Golden Dragon Halter USX China (PGJ Quote) was shedding $2.07, or 5.45%, to $35.90. ETFs tracking the chip sector were also losing ground after Advanced Micro Devices (AMD Quote) delivered a sorely disappointing third-quarter earnings report after Thursday's close, the latest in a string of weak reports for the chipmaker. The Ultra Semiconductor ProShares (USD Quote) fell $5.47, or 6.03%, to $85.29. The iShares S&P GSTI Semiconductor (IGW Quote) declined $2.01, or 2.93%, to $66.49. The PowerShares Dynamic Semiconductors (PSI Quote) was down 49 cents, or 2.60%, to $18.37. On the other hand, Treasury-related ETFs were among few winners of the day, as traders poured money into the so-called safe haven of bonds. Recently, the 10-year note was rallying 20/32 in price, cutting the yield to 4.41%. The 30-year bond was adding 1-3/32 in price, yielding 4.70%. The iShares Lehman 20+ Year Treasury Bond (TLT Quote) rose $1.33, or 1.49%, to $90.46. The SPDR Lehman Long Term Treasury (TLO Quote) was up 45 cents, or 0.87%, to $52. The iShares Lehman 10-20 Year Treasury Bond (TLH Quote) ETF was adding 96 cents, or 0.95%, to $102.46.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |














