Active broad-market exchange-traded funds at Thursday's regular
SPDR S&P 500 (
iShares MSCI Emerging Markets Index (
iShares MSCI Japan ETF (
iPath S&P 500 VIX Short Term Futures (
Market Vectors Gold Miners (
Broad Market Indicators
Broad market exchange-traded funds were mixed in quiet
Friday. Actively traded PowerShares QQQ (QQQ) was nearly flat, with
a decline of just 0.02%.
U.S. stock futures pointed to a lower open following declines in
global stock markets, on tension in the Ukraine and concern over a
slowdown in China's economy. Russia carried out new military
exercises Thursday on its border with Ukraine, while the Crimea
region is scheduled to hold a referendum Sunday on whether to
realign with Russia.
Power Play: Commodities
Gold edged higher after hitting a six-month peak Thursday on
demand for safe-haven investments amid heightened geopolitical
tensions. In the pre-market session, gold was up 0.1% and silver
was up 0.8%. Among rare metal funds, SPDR Gold Trust (GLD) was up
0.2%; iShares Silver Trust (SLV) gained 1.4%.
Crude was up 0.4%; United States Oil Fund (USO) was flat.
Natural gas was down 0.4%; United States Natural Gas Fund (UNG) was
Consumer Staples Select Sector SPDR (XLP), Vanguard Consumer
Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK)
were all flat after closing slightly weaker Thursday.
Retail ETFs SPDR S&P Retail (XRT) and PowerShares Dynamic
Retail (PMR) were also unchanged pre-bell after dropping
Among stocks, Hibbett Sports (HIBB) declined in pre-market
trading Friday, after the operator of sporting-goods retail stores
reported financial results for its fiscal Q4 ended Feb. 1 that fell
short of analysts' expectations and guidance for fiscal 2015 that
disappointed. Shares were down 4.4% at $55.32, in a 52-week range
of $50.67 to $68.31.
Select Financial Sector SPDRs (XLF) is up 0.18%. Direxion Daily
Financial Bull 3X shares (FAS) was down 0.3%. Its bearish
counterpart, FAZ, was up 0.4%.
In stock news, American Homes 4 Rent (AMH) late Thursday
reported Q4 funds from operations and revenue weaker than Street
view while maintaining its quarterly distribution rate. The
Maryland real-estate investment trust reported a net loss
attributable to shareholders of $14.5 million, or $$0.08 per
diluted share, compared with a net loss of $7.7 million, or $0.05
per diluted share, in Q3. The company didn't provide updated
Technology Select Sector SPDR ETF (XLK), iShares Dow Jones US
Technology ETF (IYW), iShares S&P North American Technology ETF
(IGM) and iShares S&P North American Technology-Software Index
(IGV) and SPDR S&P International Technology Sector ETF (IPK)
were all inactive pre-market after closing lower Thursday.
Among semiconductor ETFs, SPDR S&P Semiconductor (XSD) and
Semiconductor Sector Index Fund (SOXX) were also flat, but near
Shares in Ebix (EBIX) were up 6% in recent Friday pre-market
trading after the software and e-commerce solutions provider
reported in-line revenue for Q4. Net income was $15.2 million, or
$0.40 per share, down from $18.7 million, or $0.48 per share, a
Dow Jones U.S. Energy Fund (IYE) and Energy Select Sector SPDR
(XLE) were also unchanged pre-market. They both fell Thursday.
In corporate news, McDermott (MDR) late Thursday said its Dive
Support Vessel Thebaud Sea has been contracted for the third time
in recent months for an emergency pipeline-repair job offshore the
United Arab Emirates. Financial terms of the contract weren't
disclosed. McDermott is a provider of engineering, procurement,
construction and installation services to oil and gas companies.
Its stock was inactive pre-market Friday.
Health Care SPDR (XLV) is down 0.02%, while Vanguard Health Care
ETF (VHT) and iShares Dow Jones US Healthcare (IYH) are flat.
Biotech ETF iShares NASDAQ Biotechnology Index (IBB) was inactive
after dropping 2.5% on Thursday.
In corporate news, shares in Gilead Sciences (GILD) declined
pre-bell Friday, after Idenix Pharmaceuticals (IDIX), a
biopharmaceutical company focused on human viral diseases, said it
filed patent-infringement lawsuits against GILD and certain of its
subsidiaries in France, Germany and the U.K.
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