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 55.38

+0.00 +0.00%
Volume: 9,493,251
Track AMGN

BBH 96.41

+0.00 +0.00%
Volume: 190,005
Track BBH

SKF 24.71

+0.00 +0.00%
Volume: 14,389,390
Track SKF

XLE 56.60

+0.00 +0.00%
Volume: 16,900,732
Track XLE

XLF 14.60

+0.00 +0.00%
Volume: 52,981,088
Track XLF

XLY 28.69

+0.00 +0.00%
Volume: 5,446,280
Track XLY

XOM 74.38

+0.00 +0.00%
Volume: 19,269,879
Track XOM


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