Updated from 2:28 p.m. EDT with new stock prices
Exchange-traded funds tracking Asian markets were among the best performers of Friday's winning session, following advances overseas.
Overnight, India's Sensex Index jumped 2.5%, Hong Kong's Hang Seng added 1.8% -- to a record 30,405 -- and Japan's Nikkei rose 1.4%. Other indices in China, South Korea, and Indonesia also finished higher.
iPath MSCI India Index
was recently up $4.54, or 5.8%, to $82.34. The
iShares MSCI South Korea Index
was higher by $3.17, or 4.5%, to $73.12. The
iShares MSCI Hong Kong Index
climbed $1.05, or 4.7%, to $23.35.
An earnings beat by
late Thursday powered technology and software ETFs. Microsoft handily beat estimates for fiscal fourth-quarter earnings and revenue and guided higher for the next quarter and full year. Shares jumped 9.5%.
Among related ETFs, the
Ultra Technology ProShares
was higher by $3.68, or 4.1%, to $92.88. The
advanced by $1.23, or 2.8%, to $44.80.
Bundled securities tracking the homebuilding sector were on the rise. Among individual names,
were all higher.
iShares Dow Jones U.S. Home Construction
was up 78 cents, or 3.8%, to $21.48. The
SPDR S&P Homebuilders
was rising 64 cents, or 2.9%, to $22.92.
On the other hand, the
iShares Dow Jones Transportation Average
was one of the worst performers of the day. Crude oil set an intraday record of $92.22 a barrel earlier Friday before dropping again, pressuring transportation stocks across the board.
Recently, the ETF was slightly up by 69 cents, or 0.7%, to $87.43.