TradingMarkets 7 ETFs You Need to Know for Thursday
Among the biggest movers in the world of exchange-traded funds were those related to precious metals, as continued pullbacks in gold dragged a number of ETFs lower on Wednesday. Emerging markets were recovering generally speaking, trading off their lows and responding to the extreme oversold conditions created by days of relentless selling.
Energy ETFs edged higher, while technology exchange-traded funds slipped modestly lower. Bond-related ETFs, especially those on the long side, continued to advance.
Here are 7 ETFs You Need to Know for Thursday.
The correction in precious metals continues to weigh heavily on metals-related exchange-traded funds. This includes the Gold Shares SPDRs, GLD
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Responding to yesterday’s sell-off and extremely oversold conditions, the Select Energy Sector SPDRs, XLE
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Conversely, the ProShares UltraShort Oil & Gas ETF, DUG
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The India Fund Inc., IFN
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PowerRating), was up more than 3% late on Wednesday, rallying after two days of declines.
The Semiconductor HOLDRS, SMH
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The iShares Lehman Brothers 20+ Year Trust ETF, TLT
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