Bundled securities tracking the semiconductor sector were among Wednesday's best performers. Chipmaker
Advanced Micro Devices
climbed 5% after ThinkEquity upgraded shares to buy from sell, boosting the sector.
was higher by 2.3% to $49.67. The
ETF was adding 1.8% to $34.80. The
iShares Goldman Sachs Semiconductor
ETF was gaining 1.6% to $62.65, and the
PowerShares Dynamic Semiconductors
ETF was tacking on 1% to $17.55.
Internet Infrastructure HOLDRs
( IIH) ETF trading higher as holding
was up by 3.1%. The ETF was rising 8 cents, or 1.5%, at $5.52.
PowerShares Lux Nanotech
ETF was another winner, thanks to a 13.1% rise in
. The ETF was higher by 17 cents, or 1%, to $17.28.
Among the losers, energy-related ETFs slumped in the face of a dramatic decline in crude prices. Oil futures were recently losing 87 cents to $57.65 a barrel, near the lowest level of 2006.
iShares Dow Jones U.S. Oil Equipment Index
ETF was falling by 2.5% to $39.86. The
Oil Services HOLDRs
ETF was sinking 2.2% to $122.79, and the
SPDR Oil & Gas Equipment & Services
ETF was lower by 2.1% to $25.73.
iShares Dow Jones U.S. Broker-Dealers
ETF sank due to a decline of 17% in
after the company issued an earnings warning. The ETF was lower by $1.26, or 2.4%, to $50.55.