TradingMarkets 7 ETFs You Need to Know for Thursday
Sellers continued to dominate the market days after most indexes became overbought on Monday. Energy and materials-related exchange-traded funds, including precious metals ETFs, were among those pulling back most signficantly. Short and leveraged short ETFs tended to improve on their Tuesday gains.
Here are 7 ETFs You Need to Know for Thursday.
The ProShares UltraShort Dow 30 ETF, DXD
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Energy stocks were among the biggest decliners on Wednesday, leading the Select Energy Sector SPDRS, XLE
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Also lower by 10% were the iShares Dow Jones U.S. Basic Materials exchange-traded fund, IYM
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Precious metals provided little respite from the selling on Wednesday with the iShares Silver Trust, SLV
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Weakness was also pronounced in telecommunications and technology sectors. The Telecommunications HOLDRS, TTH
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Wednesday while the Semiconductor HOLDRS, SMH
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Pulling back by more than 6% late in trading on Wednesday, the KRW Regional Banking ETF, KRE
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