Mid-Day ETF Update: ETFs, Stocks Turn Negative as Lower Crude Prices Weigh; Beige Book Still Ahead - News Summed Up

Mid-Day ETF Update: ETFs, Stocks Turn Negative as Lower Crude Prices Weigh; Beige Book Still Ahead


Technology Select Sector SPDR ETF (XLK), iShares Dow Jones US Technology ETF (IYW), iShares S&P North eAmerican Technology ETF (IGM) and iShares S&P North American Technology-Software Index (IGV) were firmer. Power Play: EnergyDow Jones U.S. Energy Fund (IYE) was down 1.6% and Energy Select Sector SPDR (XLE) was down 1.5%. The consideration for the transaction consists of $35 million in cash and approximately 5.8 million shares of Evolent class A common stock. Meanwhile, Consumer Discretionary Select Sector SPDR (XLY) and retail funds SPDR S&P Retail (XRT), PowerShares Dynamic Retail (PMR) and Market Vectors Retail ETF (RTH) were weaker. Among semiconductor ETFs, SPDR S&P Semiconductor (XSD) was down 0.1% and Semiconductor Sector Index Fund (SOXX) was up 0.2%.


Source: Mid-Day July 13, 2016 17:48 UTC



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