Active broad-market exchange-traded funds in Thursday's regular session:
SPDR S&P 500 ( SPY ): +0.95%.
iShares MSCI Emerging Markets Index ( EEM ): +1.14%.
iShares MSCI Japan Index Fund ( EWJ ) +3.03%
iPath S&P 500 VIX Short Term Futures ( VXX ) 2.62%, with a new 52 week low.
iShares Russell 2000 ( IWM ): +1.29, with a new 52-week high.
Broad Market Indicators
Broad-market exchange-traded funds, including SPY, IWM, IVV and others, are firmer. Actively traded PowerShares QQQ (QQQ) is up 0.78%. Japan funds are among the best performers with the Direxion Daily Japan Fund (JPNL) up 9.5%.
U.S. stocks are firmer with the S&P 500 climbing above 1,700 points on positive economic news from both the U.S and oversees. The U.S. Labor Department reported that weekly jobless claims declined by 19,000 to a seasonally adjusted 326,000 - the lowest level since January 2008. This also beat the consensus of 345,000 claims, according to MarketWatch's poll. The European Central Bank announced that it will maintain its lending rate at a record low of 0.5%, though bank President Mario Draghi said the worst was over for the eurozone, while China reported better-than-expected manufacturing data.
Winners and Losers
Select Financial Sector SPDRs (XLF) is up 1.49%. Direxion Daily Financial Bull 3X shares (FAS) is up 4%, while its bearish counterpart, FAZ, is down 4.33%.
Among financial stocks, Trulia (TRLA) is up 22.9% and set a 52-week high after it reported in Wednesday's after hours session Q2 revenues of $29.7 million, compared with the analyst consensus of $27.7 million on Capital IQ. EPS was $0.05, a penny better than the Street view. For Q3, TRLA guides for revenues of $30.5 million - $31.5 million, versus the Street view of $29.1 million.
Tech ETFs Technology Select Sector SPDR ETF (XLK) has gained 0.9%, iShares Dow Jones US Technology ETF (IYW) is up 0.9%, iShares S&P North American Technology ETF (IGM) has gained 1% and iShares S&P North American Technology-Software Index (IGV) is up 1.6%, setting a 52-week high.
Semiconductor ETFs, SPDR S&P Semiconductor (XSD) is up 0.6% and Semiconductor Sector Index Fund (SOXX) has risen 1%. SPDR S&P International Technology Sector ETF (IPK) is unchanged.
In sector news, Investment Technology Group (ITG) is up more than 10% at $15.65 a share, earlier touching a new 52-week high of $16.14 after the independent execution and research broker reported Q2 earnings of $0.27 per share, ex one-time items, beating the Capital IQ consensus by $0.07 per share.
Dow Jones U.S. Energy Fund (IYE) is up 0.84% and Energy Select Sector SPDR (XLE) is up 1.19%, with both nearing 52-week highs.
In sector news, Halcon Resources (HK) is up 4.7% after it reported Q2 earnings of $0.04 per share, ex one-time items, versus the Capital IQ consensus of $0.06. Revenues were $214.34 million, versus the analyst estimate of $211.01 million. Net production for the quarter increased 646% year-over-year to an average of 29,165 barrels of oil equivalent per day (Boe/d). Q2 production was comprised of 83% oil, 5% natural gas liquids (NGLs) and 12% natural gas.
September crude is up 2.35%; September natural gas is down 0.87%. United States Oil Fund (USO) is up 2.1%. United States Natural Gas Fund (UNG) is down 0.88%.
December gold is down 0.25% and silver for September delivery is little changed. Among rare metal funds, SPDR Gold Trust (GLD) is down 0.98%, iShares Silver Trust (SLV) is down 0.78%.
Among stocks, Yamana Gold (AUY) is off 6.3% after it reported Q2 earnings of $0.07 per share, ex one-time items, versus the Capital IQ consensus of $0.11. Revenues were $430.5 million, versus the analyst estimate of $486.21 million. For the quarter, production was 295,545 gold equivalent ounces (GEO), representing an increase of over 2% year over year. Gold production was 257,608 ounces, while silver production was 1.9 million ounces. The company now expects production in 2013 to be between 1.32 million GEO and 1.37 million GEO. In 2014, AUY expects to produce between 1.4 million GEO to 1.5 million GEO, and in 2015 production is expected to be in excess of 1.55 million GEO.
Healthcare ETFs Health Care SPDR (XLV) is up 0.5% and set a new 52-week top, Vanguard Health Care ETF (VHT) has risen 0.66% and also set a new high, and iShares Dow Jones US Healthcare (IYH) are up 0.61%. Biotech ETF iShares NASDAQ Biotechnology Index (IBB) has gained 1.1%.
In corporate news, Staar Surgical (STAA) is up nearly 18% $12.39 a share after lifting its guidance for FY13 revenue growth by 4% over its prior outlook to a new range of between 12% and 14% growth. Meanwhile, Q2 adjusted earnings rose to $0.05 per share compared to $0.03 a year ago as net sales jumped 14% to $18.2 million.
Consumer ETFs Consumer Staples Select Sector SPDR (XLP) is up 0.75%, iShares Dow Jones US Consumer Goods (IYK) has gained 1.1% and set a 52-week high, and Vanguard Consumer Staples ETF (VDC) is up 0.79% and just shy of a new high.
In sector news, Ride Aid (RAD) is up 5% after reporting same-store sales in the four weeks ended July 27 rose 1.3% over the year-ago period. Total drugstore sales rose 0.9% to $1.9 billion.
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