Benzinga's Top ETF Gainers (SQQQ, SSG, TYP, BZQ)
Bear market ETFs traded mostly higher today, as U.S. equity market continues to struggle. The NASDAQ-100 Index fell 1.22%, and ProShares Trust UltraPro Short QQQ ETF (NYSE: SQQQ) jumped 3.46%. Among the NASDAQ-100 components Patterson Companies, Inc. (NASDAQ: PDCO) had the biggest loss with a decline of 4.91%.
ProShares UltraShort Semiconductors(ETF) (NYSE: SSG) continued to move higher, as investors are still selling the semiconductor stocks. Intel Corporation (NASDAQ: INTC) fell 1.86% today, and closed at $18.18.
Direxion Daily Technology Bear 3x Shares(ETF) (NYSE: TYP) gained 3.14%, as International Business Machines Corp. (NYSE: IBM) dropped 1.99%. Apple Inc. (NASDAQ: AAPL) dropped 1.07%, and closed at $240.28.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.