Notable ETF Movers of the Day 02/27: (DIA) (XHB) (XLK) Higher; (VXX) (UNG) Lower


FREE Breaking News Alerts from StreetInsider.com!

E-mail Address
February 27, 2012 11:52 AM EST Send to a Friend
Get Alerts DIA Hot Sheet
Price: $152.84 -0.44%

Trade DIA Now!
Gainers
  • SPDR Dow Jones Industrial Average (NYSE: DIA) up 0.12 percent to $129.78. The Dow is above the 13,000 again today as economic data bested initial fears from the G20 summit. Over the weekend, the G20 deferred on a final decision for more European aid. After months of deliberations, the group of 20 is expected to enter a final agreement on Europe's rescue fund next month.

    Otherwise, pending home sales rising 2 percent in January doubled Street expectations calling for just a 1 percent gain.

  • SPDR Series Trust SPDR Homebuilders (NYSE: XHB) up 1.98 percent to $20.04. Homebuilders being led by Lowe's (NYSE: LOW) Monday following strong numbers for its fourth-quarter reporting period, not to mention the better than expected rise in pending home sales. Lowe's reported revs of $11.6 billion and EPS of 29 cents, versus views calling for revs of $11.34 billion and EPS of 24 cents. For more on the numbers, click here.

  • SPDR Select Sector Fund - Technology (NYSE: XLK) up 0.13 percent to $28.86. The ETF moving into positive territory Monday led by giants Apple (Nasdaq: AAPL) and Intel (Nasdaq: INTC). Investors are moving into Apple ahead of the expected iPad 3 unveil, as Best Buy (NYSE: BBY) begins trimming prices on its iPad 2 by $50 to clear up room for the switch.
Receders
  • iPath S&P 500 VIX Short Term Futures ETN (NYSE: VXX) down 0.44 percent to $24.94. Though the CBOE VIX near-term index is higher, its been dropping all morning as investors wedge themselves back into the marketplace. U.S. markets are higher on the session.

  • United States Natural Gas Fund (NYSE: UNG) down 1.78 percent to $20.96. Nat gas heading lower again on warmer weather expectations. Storage gluts have hampered prices this winter. Reuters noted that by this time last year, about 2 trillion cubic feet of the commodity was used, compared with just 1.3 trillion cubic feet this year. Nat gas April contracts are off $.054 to $2.641 per mmBtu on the Comex.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here


You May Also Be Interested In


Related Categories

ETFs, Special Reports

Related Entities

Pending Home Sales, Standard & Poor's, Notable ETF Movers

Add Your Comment