Equity ETFs jumped out of the gate on Friday after a surprisingly strong jobs report soothed investor fears about the strength of the economic recovery. [Stock ETF Surge on April Jobs Report.]
ETFs tracking Nasdaq-listed stocks were trailing the Dow and S&P 500 in Friday’s rally as Intel (NasdaqGS: INTC) shares dragged following a blog report that Apple (NasdaqGS: AAPL) is moving its laptops to ARM based chips. [Intel Pus Dent in Nasdaq ETF.]
ETFs for silver bounced Friday morning after losing nearly 30% over the past week as the metal was thumped by higher margin requirements and profit taking. [Beaten-Down Silver ETFs Try to End Losing Streak.]
Gregory A. Clay contributed to this article.