Notable Midday ETF Movers 11/18: USO, XLF, SEA; UNG, EWJ Lower

Courtesy StreetInsider.com News Articles  Wed, 11/18/2009 - 11:15

HIGHER;

  • United States Oil Fund LP (NYSE: USO) is up about 0.82% to $40.81. Crude inventories dropped by about 887K, fueling Sweet Crude futures to rise $0.88 to $80.02.
  • Financial Select Sector SPDR (NYSE: XLF) trading up modestly to $14.95, about a 0.61% gain.

    The ETF is helped by a BofA Merrill Lynch report that investors don't see the Fed raising rates until H210.

    Also, John Paulson said he thinks Bank of America (NYSE: BAC) will double in two...


 

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