Notable ETF Movers of the Day 05/01: (TAN) (UNG) (XHB) Higher; (GLD) Lower


FREE Breaking News Alerts from StreetInsider.com!

E-mail Address
May 1, 2012 12:15 PM EDT Send to a Friend
Get Alerts TAN Hot Sheet
Price: $23.77 -8.01%

Trade TAN Now!
Gainers
  • Guggenheim Solar (NYSE: TAN) up 4.92 percent to $23.24. The solar ETF moving higher as Citi upgraded two stocks in the sector and made positive comments on several others. For a little more color, click here.

  • United States Natural Gas (NYSE: UNG) up 2.01 percent to $16.74. Natural gas futures staying strong as traders keep an eye on possible production cuts. Front month contracts are up $.053 to $2.338 per mmBtu.

  • SPDR S&P Homebuilders (NYSE: XHB) up 2.53 percent to $22.06. Along with overall market sentiment Tuesday, Masco (NYSE: MAS) is adding some juice to the ETF. For its first-quarter, Masco reported EPS of 11 cents on revs of $1.9 billion, besting views calling for break even earnings and revs of $1.83 billion. Masco is up 6.5 percent on the session.

Receders
  • SPDR Gold Shares (NYSE: GLD) down 0.22 percent to $161.53. Gold is lower as the U.S. dollar crawled higher following manufacturing data Tuesday. Earlier, the ISM Index for April moved 140 basis points higher to 54.8, beating views calling for a 53.0 reading, which would have been a month-over-month drop.

    The stronger dollar makes gold more expensive to outside investors.


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

Related Entities

Citi, Standard & Poor's, Notable ETF Movers, Earnings

Add Your Comment