ETF Movers: Retail ETFs Jump Higher (XRT, RTH), Commodity ETFs Falter (GDX, KOV, GSG)
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More News related to GSG
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ETF Movers:
SPDR S&P Retail (AMEX: XRT) is 5.7% higher as traders rotate money to the beaten up sector as oil and other commodities fall. Retail HOLDRs (AMEX: RTH) is up 4%
Financial Select Sector SPDR (AMEX: XLF) is up 4.8% on a rebound in the financial sector. Other financial ETFs are higher too: KBW Bank ETF (AMEX: KBE) +5%, KBW Regional Banking ETF (AMEX: KRE) +5.4%, Regional Bank HOLDRs (AMEX: RKH) +4.8%.
Commodity related ETFs are under pressure on more fears of a global slowdown: Market Vectors Gold Miners ETF (AMEX: GDX) -5.8%, Market Vectors Coal ETF (AMEX: KOL) -2.3%, iShares Silver Trust (AMEX: SLV) -3%, SPDR S&P Metals & Mining (AMEX: XME) -1.8%, Market Vectors Agribusiness ETF (AMEX: MOO) -1%, iShares S&P GSCI Commodity-Indexed Trust (NYSE: GSG) -2.7%
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