Market Overview

Benzinga's Top ETF Decliners (DAG, EDZ, DTO, ERY)

PowerShares DB Agriculture Double Long ETN (NYSE: DAG) fell 7.52% under the weight of higher than expected USDA corn inventory estimates. Corn traded sharply lower on the news, and other grains also fell.

Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) fell 4.57%, as Vale (ADR) (NYSE: VALE) gained 1.38% and Teva Pharmaceutical Industries Ltd (ADR) (NASDAQ: TEVA) jumped 1.46%.

PowerShares DB Crude Oil Double Short ETN (NYSE: DTO) dropped 4.54%, and closed at $65.43 today, as oil continued to move higher. Better than expected economic reports helped oil to continue its uptrend.

Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) lost 3.69%, as the energy stocks traded higher. In the space, EOG Resources, Inc. (NYSE: EOG) jumped 3.44%, and closed at $96.17.

Posted-In: Sector ETFs Emerging Market ETFs ETFs

 

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