Market Overview

Benzinga's Top ETF Decliners, February 9th

iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSEARCA: BAL) lost 3.46% on Thursday as cotton futures continued to struggle. Cotton traded lower after the USDA report showed larger than expected increase in world cotton stocks.

Direxion Daily Tech Bear 3x Shares(ETF) (NYSEARCA: TYP) dropped 2.91%, and it closed at $11.01. In the technology space, Akamai Technologies, Inc. (NASDAQ: AKAM) spiked 10.51%.

iPath Dow Jones-UBS Coffee Subindex Total Return ETN (NYSEARCA: JO) fell 2.73% as coffee traded lower on technical selling. Coffee futures open the session well, but the price changed direction after it failed to reach previous sessions highs.

Direxion Daily China Bear 3x Shares ETF (NYSEARCA: YANG) slipped 2.59% as CNOOC Limited (ADR) (NYSE: CEO) gained 1.65%, and Baidu.com, Inc. (ADR) (NASDAQ: BIDU) jumped 3.48%.

Posted-In: Sector ETFs Emerging Market ETFs ETFs

 

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