ETF Movers 7/28: Financial Select Sector (XLF) Lower, Biotech HOLDRs (BBH) Higher, More...

July 28, 2008 3:03 PM EDT

ETF Movers:

UltraShort Financials ProShares (AMEX: SKF) is 6% higher on continued worries in the financial sector and profit taking after the recent bounce off the bottom.

Financial Select Sector SPDR (AMEX: XLF) is 3.3% lower on continued worries in the financial sector and profit taking after the recent bounce off the bottom.

Consumer Discretionary SPDR (AMEX: XLY) is 2.4% lower on continued worries about the U.S consumer.

Biotech HOLDRs (AMEX: BBH) is 1% higher. Driving the action is the rally in Amgen (Nasdaq: AMGN) on positive late stage data on an osteoporosis drug.

Energy Select Sector SPDR (AMEX: XLE) 0.9% higher on the bounce back in Crude after Royal Dutch Shell reduced production in Nigera after militants attacked a pipeline. Major oil company Exxon Mobil (NYSE: XOM) reports earnings results later this week.


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Stocks Mentioned

AMGN 54.69

+0.64 +1.18%
Volume: 5,495,396
Track AMGN

BBH 95.75

+1.45 +1.54%
Volume: 188,282
Track BBH

SKF 26.02

+0.20 +0.77%
Volume: 22,728,002
Track SKF

XLE 57.08

-0.15 -0.26%
Volume: 21,838,721
Track XLE

XLF 14.31

-0.06 -0.42%
Volume: 73,974,127
Track XLF

XLY 28.10

+0.25 +0.90%
Volume: 3,675,979
Track XLY

XOM 72.58

+0.08 +0.11%
Volume: 18,185,069
Track XOM


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