Winners & Losers
Exchange-traded funds tracking the financial sector were among the strongest performers in a wild week that was highlighted by JPMorgan Chase (JPM) setting plans to buy Bear Stearns (BSC) and more attempts by the Federal Reserve to restore the health of the financial markets.
Among the big ETF winners were Ultra Financials ProShares (UYG) and iShares Dow Jones U.S. Financial Services (IYG), which surged 19.3% and 11.8%, respectively, for the week. The Vanguard Financials ETF (VFH) and the iShares Dow Jones U.S. Financial Sector (IYF) each climbed more than 9%. Bundled securities tracking oil and gold, however, were among the losers. The Oil Services HOLDRs (OIH) lost 5% for the week, and the PowerShares Dynamic Oil & Gas Services (PXJ) fund gave back 5.3%. The iShares Dow Jones U.S. Energy (IYE) and the PowerShares DB Energy (DBE) were off 2.9% and 2%, respectively. As for funds tracking gold, the Market Vectors Gold Miners (GDX) sank 10.8% since Monday. Losing more than 6% were the PowerShares DB Gold (DGL), the iShares COMEX Gold Trust (IAU) and the streetTRACKS Gold Shares (GLD) funds.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.83
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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