Bundled securities tracking energy were among the top performers Wednesday, as oil moved higher following the weekly inventory reports. The Energy Department said that crude stocks rose by 1.3 million barrels last week, gasoline stores fell by 3.7 million barrels, and distillate inventories tumbled by 3.6 million barrels.
Oil Services HOLDRs
ETF was rising by 2.8% to $142.06. The
SPDR Oil & Gas Equipment Services
was gaining 2.4% to $30.01, and the
iShares Dow Jones U.S. Oil & Gas Exploration Index
ETF was higher by 2.3% to $49.70. The
PowerShares Dynamic Energy Exploration
ETF was adding 1.6% to $19.16.
Elsewhere, mining-related ETFs were also stronger. The
Market Vectors Gold Miners
ETF was gaining 1.6% to $39.01. The
SPDR Metals & Mining
ETF was higher by 1.5% to $48.28.
B2B Internet HOLDRs
ETF was gaining 2.3% as holding
was up 1.9%. The ETF was tacking on 5 cents to $2.19.
On the flipside, the
exchange-traded fund slid as major holding
fell nearly 3%.
Hawaiian Senator Daniel Inouye said late Tuesday he would welcome a delay to regulatory approval of AT&T's acquisition of
. The Telecom HOLDRs was down 64 cents, or 1.9%, to $32.90.
Other telecom-related ETFs were lower, as well. The
iShares Dow Jones U.S. Telecom
ETF was losing 35 cents, or 1.3%, to $28.04. The
Vanguard Telecom Services
ETF was lower by 56 cents, or 0.8%, to $70.30.