iShares Dow Jones U.S. Industrial
exchange-traded fund moved lower Friday after several Dow components faltered. Blue chips were brought down by
, which warned that its second-quarter results would be lower than Wall Street's forecast.
also helped drag down the index as well. The iShares ETF recently changed hands at $61.69, down 41 cents.
Merrill Lynch Semiconductor HOLDRs
ETF was down 1% after
Advanced Micro Devices
cut its second-quarter sales forecast. Other stocks dragging down the ETF included
, AMD's biggest competitor. Shares in chipmaker
were recently sliding some 3%, which weighed on the ETF as well. The chip ETF was trading down 31 cents to $32.01.
Several ETFs that track the metals market headed lower after weaker-than-expected employment data released Friday suggested that the economy may not be strong enough to spur continued demand in gold and silver. The
iShares COMEX Gold Trust
was down 19 cents to $62.86. The
streetTRACKS Gold Shares
ETF was down 25 cents to $62.77. And the
iShares Silver Trust
shed $1.84, or 2%, to $114.15.
iShares Dow Jones U.S. Broker-Dealers Index
, meanwhile, slipped 1% after one of its components warned of a big second-quarter loss.
tumbled more than 20% after the specialist trading firm said that it would post a $23 million loss for the quarter. Shares of the broker-dealer ETF were recently down 54 cents to $45.35.