Updated from 12:51 p.m. EDT with new stock prices
Exchange-traded funds tracking Asian markets were the best performers of Monday's winning session, as indices in India and Hong Kong set new records.
Overnight, Hong Kong's Hang Seng added 3.9%, India's Sensex Index jumped 3.8% and Japan's Nikkei rose 1.2%. Other indices in China, South Korea and Indonesia also finished higher.
iPath MSCI India Index
was recently up $6.71, or 8.2%, to $89.05. The
iShares MSCI Hong Kong Index
was higher by 75 cents, or 3.2%, to $24.07. The
PowerShares Golden Dragon Halter USX China
climbed $1.19, or 3.2%, to $38.33.
Bundled securities tracking gold and silver futures were also higher, as precious metals futures were on the rise. Gold prices were up to $789.10 an ounce and silver rallied to $14.37 an ounce.
Market Vectors Gold Miners
ETF was higher by $1.10, or 2.3%, to $49.50. The
iShares Silver Trust
was higher by $2.25, or 1.6%, to $143.58. The
PowerShares DB Silver
was gaining 41 cents, or 1.5%, to $28.26. The
iShares Comex Gold Trust
ETF was up 45 cents, or 0.6%, to $78.24.
On the other hand, bundled securities tracking the homebuilding sector were on the decline. Among individual names,
were all lower.
iShares Dow Jones U.S. Home Construction
was down 23 cents, or 1.1%, to $21.28. The
SPDR S&P Homebuilders
was shedding 38 cents, or 1.7%, to $22.50.
was also losing ground as shares of
dropped more than 5%. The Internet HOLDRs ETF was recently down 98 cents, or 1.5%, to $66.30.