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Intel Shares Push SMH and USD Higher Today

By Market News Video Staff, Tuesday, October 19, 12:23 PM ET

Intel shares are bucking the negative trends in the techology sector today, climbing almost 1% while the Nasdaq is off about 1%. Shares of Apple (NASDAQ:AAPL), IBM (NYSE:IBM) and VMware (NYSE:VMW) have kept the PowerShares QQQ Trust (QQQQ) in the red today, but other ETFs with more of a focus on Intel (NASDAQ:INTC) have prospered.

The Semiconductor HOLDRs (AMEX:SMH) is higher by 0.3% right now as more than 20% of its portfolio is Intel stock. And the ProShares Ultra Semiconductors ETF (AMEX:USD) is higher by 0.6% as this ETF is leveraged to the movements in the semiconductor sector.

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AAPL   AMEX   Apple   ETFs   HOLDRs   INTC   Intel   NASDAQ   NYSE   Nasdaq   PowerShares   ProShares   QQQQ   Semiconductor   Semiconductors   Shares   Trust   Ultra   VMware   about   almost   bucking   climbing   focus   have   higher   kept   leveraged   more   movements   negative   other   portfolio   prospered   right   sector   semiconductor   shares   stock   techology   than   this   today   trends   while   with
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