Bundled securities tracking Treasury bonds were among few winners of the session Tuesday. Treasuries rallied following a report that January durable goods orders fell by a greater-than-expected 7.8%.
Recently, the 10-year Treasury was gaining 18/32 in price to yield 4.56%, and the 30-year bond was surging 1-1/32 and yielding 4.67%.
iShares Lehman 20+ Year Treasury Bond
exchange-traded fund was up 1% to $90.31. The
iShares Lehman TIPS Bond
ETF was adding 0.7% to $100.94. The
iShares Lehman 7-10 Year Treasury
was gaining 0.6% at $83.55.
Meanwhile, foreign market-related ETFs were dropping. Earlier, a benchmark index in mainland China sank more than 9%, the most in a decade, while Tokyo's Nikkei dipped 0.5% and Hong Kong's Hang Seng slid 1.8%. Other markets in Europe and Asia also lost ground.
iShares FTSE/Xinhua China 25 Index
was plummeting 9.2% to $95.66. The
iShares MSCI Emerging Markets Index
was tumbling 7.6% to $108.57. The
Vanguard Emerging Markets Stock
ETF was down 7.5% to $73.94.
ETFs tracking metals and mining were also among the losers Tuesday. Gold fell by $2.60 to $687.20 an ounce, and silver gave back 14 cents to $14.69 an ounce.
SPDR S&P Metals & Mining
was losing 6.1% to $53.16. The
Market Vectors Gold Miners
ETF was down 5.6% to $40. The
iShares Silver Trust
was lower by 2.4% to $143.45. The
streetTRACKS Gold Shares
ETF was shedding 1.4% to $67.13.
Internet Infrastructure HOLDRs
ETF was another of the worst performers of the session. Holding
was dropping 8%, and the ETF was sliding by 24 cents, or 4.4%, to $5.20.