Market Wrap-Up

An uneven day in the markets left ETFs mixed Tuesday, reflecting the skepticism over government rescue plans, grim home and car sales data and feeble efforts for a rally. The day after a 299-point drop, the Dow Jones Industrial Average finished down 37 points at 6726, a new 12-year low. The S&P 500 lost four points to close below the key 700 level at 696. To see a complete rundown on Tuesday s trading session see our market story.

Oil bounced slightly after a 10% drop, closing up 3.3% at $41.49 a barrel.

Winners

Basic materials had a relatively strong session, with non-ferrous metals rising 5.7% and industrial metals climbing 4.3%. That translated into a 3.5% rise for the SPDR S&P Metals & Mining fund (XME). Oil gained 3.3% Tuesday, recovering some of the ground it lost Monday. The mild pop gave a small boost to the SPDR S&P Oil & Gas Exploration & Production fund (XOP), which closed up 2.7%.

Losers

Continuing fallout from American International Group s (AIG) troubles undermined investor confidence in the shaky financial sector and dealt the SPDR KBW Insurance fund (KIE) a 4.7% loss, underpinned by a 16.6% loss at major holding MetLife (MET). The iShares Dow Jones U.S. Financial Sector Index fund (IYG) dropped 1.6%.

Tuesday s Notebook

Earnings and Conference Calls
Allion Healthcare, American Commercial Lines, American DG Energy, Big Lots, BJ s Wholesale Club, Brown Shoe Co., Coldwater Creek, Cox Radio, Dynamex, Foot Locker, France Telecom, Giant Interactive Group, Liz Claiborne, LTX Corp., PetSmart, Select Comfort, Toll Brothers, Yamana Gold

Economic Data
7:00 a.m. Mortgage Application Refinance Index
8:15 a.m. Feb. ADP Employment Survey
10:00 a.m. Feb. Non-Manufacturing Index
10:30 a.m. U.S. Energy Dept. Oil Inventories
2:00 p.m. Federal Reserve Beige Book

A look at how the industry's most popular ETFs did on Tuesday: