ByWILL SWARTS
Investors had been waiting for Thursday to arrive for weeks since it marked the release of the results of the government s stress tests on 19 large financial institutions. The Dow Jones Industrial Average gained 101 points on Wednesday when news leaked the results weren t as bad as expected. But profit taking kicked in and washed out those gains. Now, investors are left to look at what s next for the market. One concern: Zillow, the real estate web site, said home values fell for the ninth consecutive quarter. To see a complete market rundown read our market story.
Winners
A jump in natural gas prices boosted shares of the United States Natural Gas Fund (UNG) by 6.9%. Investors who bet right on the broad market s pullback using the ProShares Short S&P 500 (SH) ETF saw a 1.3% gain.
Losers
A selloff at Vornado Realty Trust (VNO) helped push down shares of the iShares Cohen & Steers Realty Majors fund (ICF) 6.7%. Vanguard REIT (VNQ) slipped 5.7%.
Friday s Notebook
Earnings and Conference Calls
Beazer Homes, Berkshire Hathaway, Calpine, Liberty Media, Scripps Networks, Six Flags, Westar Energy
Economic Data
8:30 a.m. April Non-Farm Payrolls
8:30 a.m. April Unemployment Rate
10:00 a.m. March Wholesale Trade
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 | 58,922 | 90.86 | 142.85 | 68.13 | 313,266,885 |
| EFA | 24,099 | 44.04 | 78.53 | 32.16 | 23,928,414 |
| EEM | 21,210 | 30.57 | 51.72 | 19.12 | 75,720,703 |
| GLD | 33,213 | 89.44 | 97.24 | 70.14 | 14,794,482 |
| IVV | 14,663 | 91.04 | 143.08 | 68.24 | 5,551,027 |
| QQQQ | 12,337 | 34.21 | 50.58 | 25.51 | 213,863,797 |
| IWF | 8,431 | 39.47 | 60.06 | 30.49 | 5,098,703 |
| SHY | 7,442 | 83.7 | 85 | 82.11 | 1,587,510 |
| VTI | 8,410 | 45.52 | 71.09 | 33.75 | 4,577,927 |
| IWD | 6,165 | 47.65 | 78.53 | 34.22 | 3,249,586 |
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