ETF Movers: Retail ETFs Higher On Oil Slide (XRT, RTH); Commodity ETFs Down Again (GDX, KOL, XME)
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StreetInsider.com ETF Movers:
Retail ETFs are strong, but well off the highs, following the continued slide in oil. A number of larger retails names, including TJX (NYSE: TJX), Macy's (NYSE: M) and Wal-Mart (NYSE: WMT), report later this week. SPDR S&P Retail (AMEX: XRT) is up 2.8% and Retail HOLDRs (AMEX: RTH) is up 2.9%.
SPDR S&P Homebuilders (AMEX: XHB) is up 2%, but well off the highs.
Commodity related ETFs are under pressure again on more fears of a global slowdown: Market Vectors Gold Miners ETF (AMEX: GDX) -3.8%, Market Vectors Coal ETF (AMEX: KOL) -4.8%, iShares Silver Trust (AMEX: SLV) -4.6%, SPDR S&P Metals & Mining (AMEX: XME) -5%, Market Vectors Agribusiness ETF (AMEX: MOO) -3.6%.
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