Updated from 2:26 p.m. EDT with new stock prices
Exchange-traded funds tracking commodity prices were among the best performers Thursday, as crude, gold and silver futures were on the rise.
The December front-month crude contract surged to $90.46 a barrel, gold futures were up to $767.30 an ounce and silver was at $13.84 an ounce.
iShares Silver Trust
was gaining $3.21, or 2.38%, to $137.97. The
PowerShares DB Oil
was higher by $1.04, or 3.32%, to $32.39. The
iShares Comex Gold Trust
tacked on 47 cents, or 0.62%, to $76.16.
Bundled securities tracking financials also were rebounding a day after
greater-than-expected $7.9 billion writedown. While Merrill still traded lower Thursday, shares of
were all slightly higher.
Ultra Financials ProShares
jumped $2.35, or 4.70%, to $52.35.
Internet Infrastructure HOLDRs
was also among the winners of the day thanks to a 12.62% jump in shares of
. After Wednesday's close, Akamai said that third-quarter earnings soared 73% from a year ago.
Recently, the Internet Infrastructure HOLDRs was rising by 14 cents, or 2.50%, to $5.73.
On the other hand, chip-related ETFs were suffering again, saddled by a 3.78% decline in
. Earlier, RBC Capital Markets downgraded the chipmaker to sector perform from outperform, citing slowing demand.
continued to slide in the wake of their earnings reports released after Tuesday's close.
Ultra Semiconductor ProShares
was losing $3.50, or 4.26%, to $78.61. The
PowerShares Dynamic Semiconductors
shed 67 cents, or 3.65%, to $17.68. The
iShares S&P GTSI Semiconductor
sank by $2.15, or 3.30%, to $63.01.