Active-volume exchange-traded funds in Thursday's regular session:
SPDR S&P 500 (SPY): -0.2%
iShares S&P 500 (IVV): -0.1%
PowerShares QQQ (QQQQ): -0.02%
Select Financial Sector SPDRS (XLF): -0.03%
iShares Russell 2000 (IWM): -0.2%
iShares Russell 1000 Growth (IWF): -0.04%
iShares MSCI Emerging Markets Index (EEM): -0.5%
United States Oil Fund (USO): +0.2%
The top ETF volume movers in pre-market action this morning:
SPY, +0.2%
SDS, -0.4%
QQQQ, -0.2%
GLD, +0.08%
UNG, +1.9%
Winners and Losers
c
The PowerShares QQQ (
QQQQ), which tracks the technology-studded Nasdaq Composite, is down 0.02% this morning.
Technology Select Sector SPDR (
XLK) is down 0.1%. iShares U.S.
Technology (
IYW) should see increased interest closer to the opening
bell. iShares S&P North American Technology Semiconductor (
IGW) and
Semiconductor HOLDRs (
SMH) could see increased upside interest closer
to the bell.
Palm (
PALM) is moderately lower after the stock was a mixed mover
in last evening's session. Palm reported Q1 non-GAAP revs of $360.7
mln, down from $366.8 mln in the year ago quarter. Non-GAAP loss was
$0.10 per share, vs. a year ago loss of $0.12 per share. The Street
view was revenue of $291 mln and a loss of $0.25 per share.
The company shipped a total of 823,000 smartphone units during the
quarter, representing a 134 percent increase from the fourth quarter of
fiscal year 2009 and a year-over-year decrease of 30 percent. The
company's planned product launches with additional carriers in the
second half of its fiscal year, together with continuing sales from
products launched in the first half of its fiscal year, are expected to
yield stronger operating performance, resulting in non-GAAP Adjusted
Revenues for fiscal year 2010 of $1.6 billion to $1.8 billion, it said.
The Street view is $1.57 bln in revenue. The company's plan to sell 16
million shares provided some of the downward pressure, however.