No Silver Lining for Precious Metals ETFs

Market Wrap-Up


Friday was a mixed bag for stocks, with the S&P 500 and Nasdaq Composite indexes closing about flat and the Dow Jones Industrial Average climbing 44 points. Falling oil prices and a stronger dollar were the dominant themes during the session. Crude settled near $114 a barrel, although prices briefly went to the $111 level, the lowest in three months. Oil is down nearly $35 since peaking in July. Gold slipped below $800 an ounce after topping $1,000 earlier this year. Prices for silver and other precious metals also dropped.

Winners


Reaffirmed credit ratings for monoline insurers

MBIA

Ambac

Ultra Financials ProShares

KBW Insurance

Losers


The price of gold declined 8% over the week, but silver dropped at twice that rate, putting the

iShares Silver Trust

Monday's Notebook


Earnings


BHP Billiton, Cell Therapeutics, Lowe's, Perrigo

Economic Data
August NAHB Housing Market Index (1:00 p.m.)

Quick Take

A look at how some of the industry's mostpopular ETFs did Friday.

10 Largest ETFs

SymbolNet AssetsPrice52 Week High52 Week LowVolume

SPY

76,348

130.21

156.39

121.48

178,860,359

EFA

40,697

63.17

85.64

63.72

8,638,310

EEM

22,370

40.33

55.13

39.16

36,123,917

GLD

NA

77.6

99.81

65.04

29,733,537

IVV

16,905

130.24

156.65

121.69

1,962,787

QQQQ

16,970

48.16

55.03

41.17

123,003,404

IWF

12,958

55.38

63.64

52.79

1,451,231

SHY

9,058

82.98

84.49

80.72

1,816,292

VTI

10,060

65.5

77.66

60.89

1,658,794

IWD

8,043

69.9

88.24

64.01

1,286,914

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