ByWILL SWARTS
Market Wrap-Up
Major indexes went through another day of gains and reversals Thursday, delivering mixed results to most exchange-traded funds. While U.K. banks, including the Royal Bank of Scotland (RBS),
Banks, a particularly volatile sector, rose 4.9% after the government further described its rescue plan, which will include stress tests" to project how particular institutions would respond under a range of conditions. That range now includes severe recession conditions. That put financial ETFs in the spotlight again the SPDR Select Financials fund (XLF)
Winners
Surging energy prices pushed crude oil up to $44.56 a barrel, a 4.8% increase. That pushed up shares of the United States Oil fund (USO)
Losers
The iShares Nasdaq Biotechnology Index fund (IBB)
Thursday s Industry Headlines
Data Point
WisdomTree Investments will cut the financial sector exposure out of its WisdomTree Dividend Top 100 (DTN)
Friday s Notebook
Earnings and Conference Calls
Calpine, Deutsche Telekom, James River Coal, Lousisana-Pacific, Phoenix Companies, Progressive, Westar Energy
Economic Data
8:30 a.m. 4Q Preliminary GDP
9:45 a.m. Jan. Chicago PMI
10:00 a.m. End-Feb. Reuters/University of Michigan Sentiment Index
Quick Take
A look at how the industry's most popular ETFs did on Thursday.
| Symbol | Net Assets | Price | 52 Week High | 52 Week Low | Volume |
|---|---|---|---|---|---|
| SPY | 83,820 | 75.62 | 142.85 | 74.7 | 362,513,976 |
| EFA | 27,157 | 34.68 | 78.53 | 35.01 | 27,198,203 |
| EEM | 17,990 | 21.57 | 51.72 | 19.12 | 57,001,036 |
| GLD | NA | 93.06 | 99.81 | 70.14 | 28,750,281 |
| IVV | 14,596 | 75.78 | 143.08 | 74.86 | 6,958,801 |
| QQQQ | 11,572 | 27.79 | 50.58 | 25.51 | 205,225,578 |
| IWF | 9,085 | 32.94 | 60.06 | 31.16 | 4,688,981 |
| SHY | 7,259 | 83.98 | 85 | 82.11 | 863,220 |
| VTI | NA | 37.52 | 71.09 | 36.98 | 5,526,503 |
| IWD | 7,111 | 38.99 | 78.53 | 38.19 | 4,871,256 |



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