Gainers

• Financial Select Sector SPDR (NYSE: XLF) up 1.01% to $16.12. Shares in the sector are up today despite avdowngrade by S&P of Greece’s debt to junk yesterday and a downgrade of Spain today. CDS spreads have tightened on a number of financial companies after rising in recent days on concerns about financial reform.
• Market Vectors Gold Miners ETF (NYSE: GDX) up 3.25% to $49.85. Shares of the ETF are rocketing up on the debt concerns in Europe and on positive earnings out of Barrick Gold (NYSE: ABX), benefited by gold prices that averaged $1114/oz., a 22%