Active broad-market exchange-traded funds in Monday's regular
SPDR S&P 500 ETF Trust (
Direxion Daily Gold Miners Bull 3X Shares (
iShares MSCI Emerging Markets Index (
iPath S&P 500 VIX Short Term Futures (
): +0.9%, from near 52-week lows
Select Financial Sector SPDRs (
Broad Market Indicators
Broad-market exchange-traded funds, including SPY, IWM, IVV and
others, extended their losses. Actively traded PowerShares QQQ
(QQQ) was up 0.6%.
U.S. stocks continued to churn in mixed trade. Worries over the
Federal Reserve's plan to taper its bond buying program still cast
a pall over market sentiment, with investors intent on gleaning
more information on the Fed's moves from the minutes of the latest
Federal Open Market Committee meeting, due out Wednesday. Two
housing reports will also be released this week - the existing home
sales report by the National Association of Realtors, at 10 am
Wednesday, and the new home sales report by the Commerce
Department, out 10 am Friday.
Winners and Losers
Select Financial Sector SPDRs (
) was down 0.85%. Direxion Daily Financial Bull 3X shares (FAS) was
2.2% lower. Its bearish counterpart, FAZ, was up 2.2%.
Among stocks, U.S. real estate and home-related marketplace
Zillow Inc. (Z) slipped 5.5% after it earlier disclosed plans for
an underwritten public offering of 2.5 million shares of its Class
A common stock. pursuant to an effective shelf registration
statement. The company today also said it was acquiring StreetEasy,
a New York-based real estate website for $50 million in cash.
StreetEasy attracts nearly 1.2 million monthly unique users,
primarily home shoppers in the New York region.
Technology Select Sector SPDR ETF (XLK) was up 0.4%; other tech
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 mixed.
Semiconductor ETFs, SPDR S&P Semiconductor (XSD) was down
0.3% while Semiconductor Sector Index Fund (SOXX) was 0.2%
SPDR S&P International Technology Sector ETF (IPK) was
In sector news, eFuture Information Technology Inc. (EFUT) is up
more than 60% at near $4.50 but well off a new 52-week high $6 a
share hit after signing a deal with Rainbow Department Stores.
Rainbow has been recognized as one of the top 100 chain retailers
in China and plans to use EFUT software to facilitate easy access
between sales clerks and their customers.
Dow Jones U.S. Energy Fund (IYE) and Energy Select Sector SPDR
(XLE) were both down around 1%, respectively.
In sector news, Interoil (IOC) is now down 6.6%, reversing early
gains after saying it has finalized a one-year $75 million secured
loan facility with Westpac Bank PNG Limited and Bank South Pacific
Limited that will help it accelerate its exploration and drilling
program. The company is also continuing talks with ExxonMobil's
(XOM) Papua New Guinea unit regarding the development and
monetization of Petroleum Retention License 15, even as the
company's exclusivity arrangement has lapsed. XOM shares are off
Crude was down 0.41%; natural gas was up 2.93%. United States
Oil Fund (USO) was down 0.7% from near 52 week highs. United States
Natural Gas Fund (UNG) was up 2.5%.
Gold was down 0.17%; and silver was down 0.91%. Among rare metal
funds, SPDR Gold Trust (GLD) was down 0.5%; iShares Silver Trust
(SLV) was up 0.1%.
Consumer Staples Select Sector SPDR (XLP) was down 0.15%; other
consumer ETFs iShares Dow Jones US Consumer Goods (IYK), and
Vanguard Consumer Staples ETF (VDC) were in the red.
In sector news, Life Time Fitness (LTM) was up 1.1% after its
board of directors authorized a share repurchase program under
which the company may repurchase up to $200 million of its
outstanding common stock.
Health Care SPDR (XLV) was up 0.4%; Vanguard Health Care ETF
(VHT), and iShares Dow Jones US Healthcare (IYH) were both firmer.
Biotech ETF iShares NASDAQ Biotechnology Index (IBB) was also
In corporate news, Cell Therapeutics (CTIC) jumped 7% after it
said the Transparency Commission (Commission de la Transparence or
CT) of the French National Health Authority (Haute Autorite de
Sante or HAS) has granted market access for PIXUVRI as a
monotherapy to treat adult patients with multiply relapsed or
refractory aggressive B-cell non-Hodgkin lymphoma (patients with
aggressive B-cell NHL who failed 2 or 3 prior lines of
Power Play -
Select Sector SPDR-Industrial (XLI) was down 0.22%; other
industrial ETFs Vanguard Industrials (VIS) and iShares Trust Dow
Jones U.S. Industrial Sector Index Fund (IYJ) were in the red.
In sector news, Edwards Group Ltd (EVAC) has surged 18.3%,
setting a 52-week high of $10.35, after the company agreed to a
$1.6 billion merger offer from Atlas Copco Group.
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