Overseas-related exchange-traded funds were among the best performers of the week as Asia's markets were stronger.
SPDR S&P China
ETF added 5.8% to close at $79.25. The
iShares FTSE/Xinhua China 25 Index
was higher by 4.7% at $150.35. The
iShares MSCI South Korea Index
gained 3% to $63.98, and the
SPDR S&P Emerging Markets
finished up 2.5% to $68.45.
On the other hand, the
United States Natural Gas
ETF continued to slide. The ETF ended down 4.3% to $33.95.
Bundled securities tracking utilities were also on the losing side this week. Among individual names,
all fell by 3% or more.
Ultra Utilities ProShares
lost 3.9% to $75.33. The
was lower by 2.2% to $139.64. The
iShares Dow Jones U.S. Utilities
was down 2.2% to $94.22. The
PowerShares FTSE RAFI Utilities
shed 2.1% to $56.24.
Lenders and other finance names fell hard as the major indices swung back and forth between positive and negative, and in short time spans, as investors tried to get a handle on their worries about the credit market.
slid 3.2% or more.
Ultra Financials ProShares
ETF dropped 3.2% to $55.37. The
PowerShares Dynamic Financials
ETF gave back 1.9% to $24.79. The
First Trust Financials AlphaDex
ETF ended down 1.3% to $17.72.