Thursday's ETF Winners & Losers

Chip funds rise, but the oil sector is selling off.
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With a terror plot in Britain leading to expectations of lower demand for jet fuel, the price of oil was falling. In turn, the

DB Commodity Index Tracking Fund

(DBC) - Get Report

was falling 2.1% to $25.58, the

Oil Services HOLDRs

(OIH) - Get Report

ETF was off 1.4% to $137.45 and the

Energy Select Sector SPDR

(XLE) - Get Report

was lower by 1.4% to $57.79.

ETFs related to gold and silver were also among the day's decliners. Gold futures fell $11.50 to $650.50 an ounce, and silver was recently sliding by 40 cents to $12.16 an ounce. The

iShares Silver Trust

(SLV) - Get Report

was giving back 3% to $121.38, the

streetTRACKS Gold Shares

(GLD) - Get Report

ETF was recently lower by 2% to $63.35 and the

iShares Comex Gold

(IAU) - Get Report

ETF was down 2% to $63.39.

Biotech ETFs were also under pressure after

Cephalon

(CEPH)

was denied Food and Drug Administration approval for its drug Sparlon, a treatment for attention deficit hyperactivity disorder, and

ImClone Systems

(IMCL)

said it plans to remain independent. The

SPDR Biotech

(XBI) - Get Report

was off 1.4% to $42.46.

At the same time, the

Semiconductor HOLDRs

ETF was the strongest gainer, as holdings

Intel

(INTC) - Get Report

and

Texas Instruments

(TXN) - Get Report

were posting gains of 2% or more. The Semiconductor HOLDRs ETF was up 58 cents, or 1.9%, to $31.63.

Positive earnings results from

Target

(TGT) - Get Report

,

J.C. Penney

(JCP) - Get Report

and teen-apparel retailer

Urban Outfitters

(URBN) - Get Report

aided the

Retail HOLDRs

(RTH) - Get Report

ETF, which was gaining $1.03, or 1.2%, to $90.28.

In addition, the

PowerShares Dynamic Retail

(PMR) - Get Report

ETF was higher by 1.2% to $16.36.