Retail ETFs Rally as Markets Brush Off Inflation

Market Wrap-Up


Stocks saw a bit of a lift Thursday as financials recovered,

Wal-Mart Stores

The Dow Jones Industrial Average regained a portion of two days' worth of consecutive losses, closing up 83 points, or 0.73%. Gold prices fell $17 an ounce to close at $814.50, while oil had a 99-cent-a-barrel drop to close at $115.01.

Winners


Big doings in Bentonville, Ark., Wal-Mart's headquarters, boosted the

SPDR S&P Retail ETF

Retail HOLDRS Trust

Apple

Qualcomm

PowerShares QQQ Trust

Losers


Renewed confidence in stocks and the dollar hitting a five-and-a-half-month high against the euro prompted a gold selloff, which deflated

SPDR Gold Shares

iShares Silver Trust

Friday's Notebook


Earnings


Abercrombie & Fitch, J.C. Penney, New York & Co., WSP Holdings

August N.Y. Fed Manufacturing Index (8:30 a.m.)

June Treasury International Capital Flows (9:00 a.m.)

July Industrial Production (9:15 a.m.)

July Capacity Utilization (9:15 a.m.)

Mid-August Reuters/University of Michigan Sentiment Index (9:55 a.m.)

Economic Data




Quick Take

A look at how some of the industry's most popular ETFs did Thursday.

10 Largest ETFs

SymbolNet AssetsPrice52 Week High52 Week LowVolume

SPY

71,655

129.54

156.39

121.48

239,429,954

EFA

43,645

63.58

85.64

63.72

10,306,681

EEM

20,935

40.91

55.13

39.16

34,168,351

GLD

19,258

79.35

99.81

65.04

15,505,592

IVV

16,690

129.74

156.65

121.69

2,026,838

QQQQ

16,302

48.28

55.03

41.17

157,895,785

IWF

13,253

55.34

63.64

52.79

2,029,059

SHY

9,070

82.91

84.49

80.66

1,061,382

VTI

10,116

65.12

77.66

60.89

1,612,791

IWD

8,091

69.46

88.24

64.01

1,479,772

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