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 many of its holdings are oil related (XOM, COP, OXY, HAL, and more).