ETFs related to oil services were among the strongest performers Thursday, as crude rebounded from six-month lows. Oil was recently up 44 cents to $61.18 a barrel, having reached an intraday low of under $60 a barrel on Wednesday.
Oil Service HOLDRs
ETF was adding 1.7% to $124.56. The
iShares Dow Jones U.S. Oil Equipment Index
ETF was gaining 1.5% to $40.48. The
Energy Select Sector SPDR
ETF was higher by 1.3% to $51.55.
In addition, other commodities were moving to the upside. The
iShares Silver Trust
ETF was recently up $2.62, or 2.4%, to $111.48, and the
iShares Comex Gold Trust
ETF was tacking on 68 cents, or 1.2% to $57.98.
PowerShares Lux Nanotech
ETF was one of the worst losers Thursday, due to a 24% plunge in holding
( NCST). Shares fell after the company announced a trial for its eczema cream failed. The ETF was lower by 36 cents, or 2.1%, to $17.18.
Internet Infrastructure HOLDRs
( IIH) ETF was also trading lower. Late Wednesday, holding
warned about revenue, dropping the shares by nearly 21%. The ETF was down 13 cents, or 2.4%, to $5.36.
Retail ETFs followed
introduced a pricing plan for substantial discounts to generic drugs. CVS dropped 8.7%, Walgreen fell 6.7%, and Rite Aid lost 6.3%.
ETF was falling by $1.86, or 1.9%, to $96.88. The
PowerShares Dynamic Retail
ETF was recently lower by 26 cents, or 1.4%, to $17.82.