Bundled securities tracking precious metals were the strongest performers Thursday.
surged 20% after the company said it would be acquired by Canada's
for $8.6 billion in stock.
streetTRACKS Gold Shares
ETF was tacking on 65 cents, or 1.1%, to $62.07, and the
iShares Comex Gold Trust
ETF was tacking on 58 cents, or 1%, to $62.14. In addition, the
iShares Silver Trust
ETF was recently up $3.48, or 2.8%, to $128.59.
ETFs related to housing construction were also on the rise, rebounding from the previous session. On Wednesday, JPMorgan Chase downgraded homebuilder
to neutral from overweight, pressuring the homebuilding sector.
iShares Dow Jones U.S. Home Construction
ETF was adding 1.7% to $35.91, while the
ETF was higher by 0.8% to $31.41.
In addition, utility-tracking ETFs were stronger. The
PowerShares Dynamic Utilities
was higher by 1%, while both the
Utilities Select Sector SPDR
ETFs were gaining 0.9%.
Losers included the
B2B Internet HOLDRs
( BHH), which sank 2.4% to $2.01 after holding
( AGIL) dropped 4%.
( BDH) was falling by 1.8% to $16.74 as major holding
plummeted nearly 15%. The optical-parts maker posted in-line fourth-quarter earnings but issued a first-quarter revenue projection below expectations.