Active broad-market exchange-traded funds in Friday's pre-market
Market Vectors Gold Miners (
iShares MSCI Emerging Markets Index (
iShares Russell 2000 Index (
PowerShares QQQ Trust, Series 1 (
Energy Select Sector SPDR (
Most broad-market exchange-traded funds, including SPY, IWM, IVV
and others, were higher, and actively traded PowerShares QQQ (
) was up 0.3%.
U.S. stock futures were edging higher in low volume trading a
day after Christmas, with oil and
also jumping higher.
The Dow Jones Industrial Average was back up above 18000 while
the S&P 500 index slipped lower, although it remains above 2081
after touching record highs before Christmas.
No economic data are on tap.
Power Play: Health Care
Health Care SPDR (XLV), Vanguard Health Care ETF (VHT) and
iShares Dow Jones US Healthcare (IYH) were flat. Biotechnology fund
iShares NASDAQ Biotechnology Index (IBB) was up 1.1%.
Spectrum Pharmaceuticals (SPPI) was up 5.8% after it said Friday
it has submitted a new-drug application to the U.S. Food and Drug
Administration for the approval of Captisol-Enabled Melphalan HCl
for injection for use as a high-dose conditioning treatment prior
to hematopoietic progenitor (stem) cell transplantation in patients
with multiple myeloma. Spectrum said it is also seeking approval
for the palliative treatment of patients with multiple myeloma for
whom oral therapy isn't appropriate.
Winners and Losers
Select Financial Sector SPDRs (XLF) was flat. Direxion Daily
Financial Bull 3X shares (FAS) and its bearish counterpart, FAZ
were also flat.
Citigroup (C) was up 0.2% after it said it has reached an
agreement to sell its retail banking business in Japan to Sumitomo
Mitsui Banking. Citigroup's entire retail banking operations,
including its Japan-wide network of retail branches and ATMs, will
be transferred to a trust bank subsidiary of SMBC.
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) were inactive. SPDR S&P International Technology Sector
ETF (IPK) was also unchanged.
Semiconductor ETFs SPDR S&P Semiconductor (XSD) and
Semiconductor Sector Index Fund (SOXX) were flat in
Carbonite (CARB) confirmed late Wednesday that it has received
and will review an unsolicited $15-per-share tender offer for the
acquisition of all its outstanding shares of common stock from
Internet-services provider j2 Global (JCOM). Earlier on Wednesday,
j2 Global had announced its intent to make the offer. It
recommended that shareholders don't take action before the review
CARB closed up 6.9% Wednesday at $14.54, boosted by j2's
announcement that it would make the offer. At Tuesday's close--the
last closing price before the offer was announced--the stock was at
$13.60, putting the offer's premium at 10%. JCOM shares were
Dow Jones U.S. Energy Fund (IYE) was flat while Energy Select
Sector SPDR (
) was up 0.34%.
Petrobras (PBR) was up 0.13% after it said it has been
authorized by Brazil's oil regulator ANP to commence drilling at
the Buzios field, which is located about 200 kilometers off the
coast of Rio Janeiro at a water depth of 1600 meters to 2100
meters, Bloomberg reported. Petrobras will run production at the
2-ANP-1RJS well for a period of approximately seven months as
granted by the regulator.
Crude was up 1.1%. United States Oil Fund (USO) was flat.
Natural gas futures was down 0.6%. United States Natural Gas Fund
(UNG) was down 0.7%.
Gold was up 1.8% while silver was up 2.6%. Among rare metal
funds, SPDR Gold Trust (GLD) was up 1.8% while iShares Silver Trust
(SLV) was up 2.7%.
Consumer Staples Select Sector SPDR (XLP), iShares Dow Jones US
Consumer Goods (IYK) and Vanguard Consumer Staples ETF (VDC) were
Sony (SNE) subsidiary Sony Pictures Entertainment released "The
Interview" in more than 300 U.S. theaters on Christmas Day and the
movie drew "many sell-out audiences," according to a report from
Reuters. The company also made the film will be available to rent
in HD on Google Play, YouTube Movies, Microsoft's (MSFT) Xbox Video
and the dedicated website www.seetheinterview.com at a price of
$5.99. The film was available for purchase in HD for $14.99. The
Reuters report didn't provide figures on the number of sellout
shows or downloads. It cited a SNE spokesperson who said the
figures weren't expected before Friday morning. SNE shares were up