us dollar index

StreetInsider.com Notable ETF Movers: HIGHER;

• PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 1.18% to $23.11.
  
  As signals out of China indicate that the government is trying to put the brakes on economic growth after an 80% gain in the Shanghai Index last year, investors are turning to the U.S. dollar for more stability.
  
  Additionally, fears over Greece's debt rises as the country is exploring all borrowing options means that the Euro is taking somewhat of a hit.
• SPDR KBW Bank (NYSE: KBE) up 0.47% to $23.51.

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).