Energy-related ETFs jumped Friday as crude prices spiked. Oil futures were recently adding $1.22 to $59.08 a barrel after word of reduced output from Norway. The
iShares Dow Jones U.S. Oil Equipment Index
ETF was gaining 2.9% to $42.06. The
Oil Services HOLDRs
ETF was climbing by 2.5% to $129, and the
SPDR Oil & Gas Equipment & Services
was higher by 2.8% to $27.10.
ETFs related to commodities were also among the top performers, as gold and silver prices jumped. Recently, gold futures were adding $13.10 to $593.40 an ounce, and silver was up 31 cents to $11.69 an ounce.
Market Vectors Gold Miners
ETF was gaining 91 cents, or 2.6%, to $35.61. The
iShares Silver Trust
ETF tacked on $3.12, or 2.8%, to $116.03. The
streetTRACKS Gold Shares
was recently up $1.02, or 1.8%, to $58.51, and the
SPDR Metals & Mining
was higher by 60 cents, or 1.3%, to $45.38.
Retail ETFs were among the worst performers. Dow component
sank nearly 3% after the Commerce Department said retail sales fell 0.4% in September. Economists had anticipated a 0.2% rise for September.
ETF was falling by 0.8% to $99.79. The
ETF was recently down 0.1% to $41.31.
Elsewhere, ETFs tracking homebuilders were weaker after
warned and bond yields rose. The benchmark 10-year Treasury note was down 7/32 in price to yield 4.80% after a strong read on the University of Michigan's preliminary consumer sentiment index for October.
iShares Dow Jones U.S. Home Construction
ETF was losing $1.27, or 3.2%, to $38.80. The
ETF was giving back $1.10, or 3.1%, to $34.40, and the
PowerShares Dynamic Building & Construction
ETF was falling 10 cents, or 0.6%, to $15.64.