Energy-related ETFs jumped Monday in the face of a dramatic decline in crude prices. Oil futures were recently losing $1.51 to $58.45 a barrel. Among individual names,
was surging by 7%,
was gaining 3.9% and
was adding 3.4%.
Oil Services HOLDRs
ETF was climbing by 2.9% to $126.02. The
SPDR Oil & Gas Equipment & Services
ETF was higher by 2.6% to $26.35. The
iShares Dow Jones U.S. Oil & Gas Exploration Index
ETF was gaining 2.3% to $45.23.
ETFs related to housing construction were also rising, as JPMorgan Chase upgraded
iShares Dow Jones U.S. Home Construction
ETF was adding $1.01, or 2.6%, $39.44. The
ETF was higher by 78 cents, or 2.3%, to $34.93.
B2B Internet HOLDRs
ETF climbed, as holding
rose 1.4%. The B2B Internet HOLDRs was tacking on 3 cents, or 1.3%, to $2.33.
On the downside, the
Internet Infrastructure HOLDRs
fell as holdings
lost 1%. The ETF was recently down 8 cents, or 1.5%, to $5.38.
Also among losers was the
ETF, which sank due to declines of 2% or more in
. The ETF was lower by 67 cents, or 1.3%, to $49.24.