Exchange-traded funds that track gold were among the biggest losers Monday, as gold futures lost $6.70 to $613.50 an ounce. Shares of the
iShares Comex Gold Trust
, which fell more than 6% last week, were recently down another 99 cents, or 2%, to $60.86. The
streetTRACKS Gold Shares
ETF was recently down 83 cents to $60.88.
Shares of the
ETF, which tracks the
Dow Jones Industrial Average
, climbed 1% as a host of earnings reports continued to propel stock prices. The Dow Jones Industrial Average was recently gaining 131 points, or 1.2%, to 10,999. The
iShares Dow Jones Industrial
ETF, meanwhile, rose 59 cents to $58.52. The Diamonds Trust ETF rose $1.34 to $109.90.
ETFs that track oil stocks and the price of oil moved higher as September crude approached $75 a barrel. The
Oil Services HOLDRs
ETF rose $4.78, or 4%, to $134.78. The
U.S. Oil Fund
followed suit, trading up 51 cents to $70.04.
iShares Goldman Sachs Semiconductor
fund traded actively after
Advanced Micro Devices
agreed to buy
for $5.4 billion in cash and stock.
, meanwhile, tacked on 4% after the chipmaker announced a new $4.5 billion stock-repurchase plan.
The Goldman ETF was recently trading up $1.36, or 3%, to $52.28. The
PowerShares Dynamic Semiconductors
ETF rose 48 cents, or 3%, to $15.23. The
fund rose 51 cents to $29.69.
advanced more than 2% after
posted better-than-expected second-quarter earnings. The ETF was advancing $1.67 to $73.38.