Cyclical ETFs Lead Peers
Retailers Thursday helped boostÂ
the cyclical-focused exchange-traded funds while the tech-focused ETFs weakened
again.
The Cyclicals-Transportation SPDR
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XLY |
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PowerRating)
gained 2.9%, the day’s biggest advance among the U.S.-focused tradable funds.
The Dow Jones Consumer Cyclical iShares
(
IYC |
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PowerRating) rose 1.6%.
The Dow Jones Basic Materials iShares
(
IYM |
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PowerRating) added 2.0%, the Basic Materials SPDR
(
XLB |
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PowerRating) 1.8%, the Dow Jones
Chemical iShares
(
IYD |
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Chart |
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PowerRating) 1.4%, the Dow Jones Industrial
(
IYJ |
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PowerRating) 1.1%.
On the downside, the Internet
Architecture HOLDR
(
IAH |
Quote |
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News |
PowerRating) 2.4%, the Software HOLDR
(
SWH |
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News |
PowerRating) 2.1%, the Nasdaq
Biotechnology iShares
(
IBB |
Quote |
Chart |
News |
PowerRating) 2.1%, the Biotech HOLDR
(
BBH |
Quote |
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News |
PowerRating) 2.0%, the
Broadband HOLDR
(
BDH |
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News |
PowerRating) 2.0%, the Dow Jones Technology iShares
(
IYW |
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PowerRating) 1.5%,
the Technology SPDR
(
XLK |
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PowerRating) 1.5%, the Nasdaq 100 Tracking Stock
(
QQQ |
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News |
PowerRating)
1.5%.
