Semiconductor-related exchange-traded funds were among the best performers of Friday's session. Earlier, Stifel Nicolaus upgraded
to buy from hold, saying the chipmaker's overstock inventory has been reduced.
ETF was adding 1% to $50.66. The
ETF was higher by 0.9% to $34.34. The
iShares Goldman Sachs Semiconductor
was up 0.1% to $61.40.
PowerShares Lux Nanotech
ETF was also higher. Holding
was rising 2.7%. The ETF was higher by 8 cents, or 0.5%, to $17.07.
On the other hand, bundled securities following the energy sector were among the worst performers. The front-month April contract was recently falling by $1.64 to $60 a barrel. The
iPath Goldman Sachs Crude Oil
ETF was recently shedding 1.9% to $36.85. The
United States Oil
ETF was giving back 1.9% to $50.31.
ETF was hurt by
. The Internet giant slumped 5% after
The Wall Street Journal
reported it may scale back its partnership with
. The ETF was falling 87 cents, or 1.6%, to $53.44.