Benzinga's Top ETF Gainers (TZA, SCO, BZQ, TYP)

Bear market ETFs had a good trading session today, as economic slowdown fears continue to hurt U.S. stocks. Direxion Small Cap Bear 3X Shares (ETF) TZA was one of the best performers with an increase of 4.03%. The TZA follows the Russell 2000 Index, which lost 1.33% today. ProShares UltraShort DJ-UBS Crude Oil ETF SCO traded higher, as crude oil struggled on the concerns of higher inventories and weakening demand. SCO gained 3.07%, and crude oil dropped below $74. ProShares UltraShort MSCI Brazil BZQ gained 3.50%, on the weakness of the MSCI Brazil Index. Vale (ADR) VALE dropped 3.44%, and Petroleo Brasileiro SA (ADR) PBR fell 1.13%. Direxion Daily Tech Bear 3x Shares(ETF) TYP jumped 3.29% today, and technology stocks like Hewlett-Packard Company HPQ and Cisco Systems, Inc. CSCO lost 2.03% and 2.47% respectively.
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Posted In: Sector ETFsBroad U.S. Equity ETFsETFsCommunications EquipmentComputer HardwareEnergyInformation TechnologyIntegrated Oil & Gas
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