Notable ETF Movers of the Day 01/31: (OIH) (XRT) Higher; (GDX) Lower
Gainers:
Market Vectors Oil Services ETF (NYSE: OIH) gained 0.8 percent to 43.6. It was a mixed day overall for stocks in the oil services patch. Shares of Transocean Ltd. (NYSE: RIG) ticked lower following recent gains, but this was more than offset by a rally today in shares of Cameron International Corporation (NYSE: CAM), which climbed over 4.5 percent following its earnings report. While CAM missed EPS estimates, the company reported record orders and backlog. Orders booked in Q4 totaled a record $3.4 billion, up from $1.9 billion a year ago, representing an increase of about 80 percent.
SPDR S&P Retail (NYSE: XRT) gained 0.7 percent to 66.9. Asbury Automotive Group, Inc. (NYSE: ABG) was the top performing in XRT, climbing 5 percent. The rally is tied to AutoNation's Q4 report, which topped estimates on the top and bottom line. Asbury Automotive is the third largest holding in XRT with a weighting of 1.1 percent.
Decliners:
Market Vectors Gold Miners ETF (NYSE: GDX) declined 0.8 percent to 41.6. The decline in miners is in part related to a selloff today in the price of gold, which reversed yesterday's gains, closing down $20 at $1660 per ounce. Compa (NYSE: BVN) was among losers in the space, declining 1.3 percent.
Market Vectors Oil Services ETF (NYSE: OIH) gained 0.8 percent to 43.6. It was a mixed day overall for stocks in the oil services patch. Shares of Transocean Ltd. (NYSE: RIG) ticked lower following recent gains, but this was more than offset by a rally today in shares of Cameron International Corporation (NYSE: CAM), which climbed over 4.5 percent following its earnings report. While CAM missed EPS estimates, the company reported record orders and backlog. Orders booked in Q4 totaled a record $3.4 billion, up from $1.9 billion a year ago, representing an increase of about 80 percent.
SPDR S&P Retail (NYSE: XRT) gained 0.7 percent to 66.9. Asbury Automotive Group, Inc. (NYSE: ABG) was the top performing in XRT, climbing 5 percent. The rally is tied to AutoNation's Q4 report, which topped estimates on the top and bottom line. Asbury Automotive is the third largest holding in XRT with a weighting of 1.1 percent.
Decliners:
Market Vectors Gold Miners ETF (NYSE: GDX) declined 0.8 percent to 41.6. The decline in miners is in part related to a selloff today in the price of gold, which reversed yesterday's gains, closing down $20 at $1660 per ounce. Compa (NYSE: BVN) was among losers in the space, declining 1.3 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- Southern Copper Corp. (SCCO) Tops Q1 EPS by 20c
- Opthea Ltd. (OPT) PT Raised to $18 at Oppenheimer
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Notable ETF Movers, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!