ETF Midday Check: UUP Higher; USO, XLE, SMH, SLV/GLD Lower

Courtesy StreetInsider.com News Articles  Thu, 11/12/2009 - 11:07

StreetInsider.com Notable ETF Movers: HIGHER;

  • PowerShares DB US Dollar Index Bullish (NYSE: UUP) rising, up 1.16 to $22.74, on lower than expected initial jobless claims.

LOWER:

  • United States Oil Fund LP (NYSE: USO) down about 2.64% to $39.48. News that crude oil inventories gained by 1.76 million barrels, showing a wider gap between supply and demand.
  • Energy Select Sector SPDR (NYSE: XLE) also down 1.84% to $57.12.

    The fund is reacting on the crude inventory data, as...

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