Exchange-traded funds tracking Internet names were among the best performers of the week, courtesy of a 40% rise in share of
Late Tuesday, Amazon said that its first-quarter results were much better than had been expected, and it also lifted its revenue forecast for the year.
First Trust Dow Jones Internet Index
finished the week higher by 3.7% at $24.84, and the
gained 7.8% to $59.87.
Semiconductor-related ETFs were also among the big winners of the week, thanks to positive earnings news out of
. Texas Instruments had a profit of 35 cents a share, a gain of 2 cents a share from last year and comfortably ahead of Thomson Financial's 31-cent analysts' target.
The chipmaker also said that second-quarter earnings should top estimates.
As a result, the
added 2.4% to $37.07. The
Ultra Semiconductor ProShares
ETF climbed 2.6% at $79.60. The
SPDR S&P Semiconductor
ETF gained 1.7% to $52.13, and the
iShares Goldman Sachs Semiconductor
ETF ended higher by 1.1% at $64.90.
Earnings news also played a part in weakening some ETFs. The
B2B Internet HOLDRs
sank as holding
slumped 4.3% following a disappointing third-quarter earnings report. The ETF ended lower by 2.4% to $2.07.
Internet Infrastructure HOLDRs
dropped after a weekly loss of nearly 9% in
, which offered poor guidance for the second quarter on Thursday. The ETF lost 4.8% for the week, finishing at $5.15.
Away from earnings, a rise in crude prices boosted energy-related ETFs for the week. The June crude contract finished a very volatile five-day stretch higher by 3.7% at $66.46 a barrel.
Oil Services HOLDRs
climbed 5.6% to $160.06, and the
iShares Dow Jones U.S. Oil Equipment Index
finished up 4.5% to $52.55. The
iPath Goldman Sachs Crude Oil Index
ETF tacked on 3.6% to $37.87, and the
ProShares DB Oil
was higher by 2.8% at $26.64.
Elsewhere, ETFs tracking silver were among the worst performers. Silver futures plummeted 3.7% to close at $13.44 an ounce. The
iShares Silver Trust
slid 2.8% to $134.77, and the
PowerShares DB Silver
ETF shed 2.7% to $26.69.
Gold-related ETFs declined for the five sessions. Futures ended lower by 2% at $681.80 an ounce. The
Market Vectors Gold Miners
ETF slipped 2.7% to $40.34. The
streetTRACKS Gold Shares
ETF eased 1.7% to end the week at $67.53, and the
iShares Comex Gold Trust
closed down 1.6% to $67.60.