Stock ETFs continued into new high ground Monday, this time led by the financial, industrial and building-material sectors.
SPDR S&P 500 ( SPY ) was up 0.4% at noon. But it had a lot of company among the major ETF indexes. IShares Russell 2000 ( IWM ) was up 0.4%, SPDR Dow Jones Industrial Average ( DIA ) was up 0.6%, iShares Core SPDR Mid-Cap ( IJH ) was up 0.3%, and PowerShares QQQ ( QQQ ) was up 0.5%.
Stocks like Goldman Sachs (GS) and Apple (AAPL) were doing a lot of the heavy lifting for several indexes. Goldman Sachs was up 1.8%.
The iPhone maker was up nearly 1%, helped by an increased price target for Apple stock from Goldman Sachs . Goldman analyst Simona Jankowski raised her price target to 150 from 133 . Shares are trading at about 133.
[ibdchart symbol="dia" type="daily" size="threequarter" position="leftchart" ]
Financials shot higher, with Financial Select Sector SPDR (XLF) climbing 1%. The bank-laden ETF is up 2.3% this year, about the same as SPY.
Industrial Select Sector SPDR (XLI) was up 0.9%, bringing its year-to-date gain to 4%.
Materials Select Sector SPDR (XLB) was up 0.7% for a year-to-date gain of nearly 5%.
12 Bellwether ETFs
Here's a look at the performance of major exchange traded funds across key asset classes on the stock market today.
The Relative Price Strength (RS) Rating measures a stock's price performance over the last 12 months vs. all stocks and ETFs, on a scale of 1 to a best-possible 99.
SPDR S&P 500 ( SPY ), +0.4%, RS 51
PowerShares QQQ ( QQQ ), +0.5%, RS 63
SPDR Dow Jones Industrial Average ( DIA ), +0.6%, RS 56
IShares Core S&P Mid-Cap ( IJH ), +0.3%, RS 65
IShares Russell 2000 ( IWM ), +0.4%, RS 70
IShares MSCI EAFE (EFA), +0.3%, RS 40
Vanguard FTSE Emerging Markets (VWO), +0.3%, RS 59
SPDR Gold Shares (GLD), -0.9%, RS 19
United States Oil (USO), -1.4%, RS 65
IShares Core U.S. Aggregate Bond (AGG), -0.2%, RS 19
PowerShares DB U.S.$ Bullish (UUP), +0.3%, RS 33
IPath S&P 500 VIX Short-Term Futures (VXX), -2.1%, RS 1
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.