Exchange-traded funds tracking gold and silver were among the best performers of Thursday's session, as commodity futures soared.
Recently, gold prices were jumping by $15.80 to $745.30 an ounce. Silver was surging 45 cents to $13.56 an ounce. Copper and other precious metals were also higher.
iShares Silver Trust
was climbing $3.83, or 3%, to $132.51. The
PowerShares DB Silver
was up 64 cents, or 2.5%, to $26.15. The
Market Vectors Gold Miners
ETF was higher by $1.59, or 3.6%, to $45.62. The
PowerShares DB Gold
added 42 cents, or 1.5%, to $28.79.
Semiconductor-related ETFs were also higher. Chipmaker
jumped 6%, while
Advanced Micro Devices
were all higher.
Ultra Semiconductor ProShares
was up 62 cents, or 0.7%, to $87.60. The
SPDR S&P Semiconductor
gained 43 cents, or 0.8%, to $55.14.
On the flip side, bundled securities tracking homebuilders were among the worst performers. Among individual names,
were losing 4% or more.
SPDR S&P Homebuilders
was falling $1.01, or 4.1%, to $23.81. The
iShares Dow Jones U.S. Home Construction
was shedding 74 cents, or 3.2%, to $22.74.
Retail ETFs were under pressure after
posted a fiscal second-quarter loss and predicted a weak third quarter. The electronics retailer dropped almost 17%.
SPDR S&P Retail
was down 77 cents, or 1.9%, to $39.91. The
was lower by $1.40, or 1.4%, to $102.30. The
PowerShares Dynamic Retail
was losing 25 cents, or 1.3%, to $18.38.