ETF Movers 7/22: Semiconductor HOLDRs (SMH) Slammed, KBW Regional Banking (KRE) Weak
StreetInsider.com ETF Movers:
Semiconductor HOLDRs (AMEX: SMH) 4.9% LOWER; Texas Inst (NYSE: TXN), which makes up 21.7% of the assets, is significantly lower today following weak results and guidance.
KBW Regional Banking ETF (AMEX: KRE) 3% LOWER; Weak results from Wachovia (NYSE: WB) and other regional banks.
Energy Select Sector SPDR (AMEX: XLE) 2.8% LOWER; Crude continues lower. Currently down $4 to $127.
Financial Select Sector SPDR (AMEX: XLF) 1.3% LOWER; Weak results from Wachovia (NYSE: WB) and other regional banks.
Biotech HOLDRs (AMEX: BBH) 1.3% HIGHER; Continues higher after yesterday mega-deal in the sector: Roche offered to acquire partner Genentech (NYSE: DNA)
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