Notable ETF Movers of the Day 06/01: (VXX) (FXY) (GLD) Higher; (SPY) (FXI) (USO) Lower
- Oil jumps 8 percent, biggest three-day surge since 1990
- SunTrust Robinson Humphrey Upgrades Twitter, Inc. (TWTR) to Buy
- After Hours Stocks Movers 08/31: (TRVN) (MTRX) (SUNE) Higher; (ADEP) Lower (more...)
- Amicus Therapeutics (FOLD) to Acquire Scioderm in ~$950M Deal
- Wall Street's worst month in three years ends on a sour note
- iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 3.10 percent to $21.97. The CBOE VIX is having a nice bounce today, as jobs numbers and manufacturing data came up short of expectations. ADP reported that the private sector added 38 thousand jobs in May, missing the economist expectations for an increase of 175 thousand. Additionally, the ISM Index came in at 53.5, shy of the 57.6 sought by the Street. The CBOE VIX near-term index is up over 7.5 percent.
- CurrencyShares Japanese Yen Trust (NYSE: FXY) up 0.87 percent to $122.11. The Japanese yen is seeing some upside against the U.S. dollar, which is weaker today following economic data. The USD/JPY is down $.61 to $80.8950.
- SPDR Gold Shares (NYSE: GLD) up 0.50 percent to $150.39. The gold ETF up trading strong today, making a solid break above the $150 price level, as investor turn to the precious metal as a hedge against the slumping dollar. The ETF is still a little ways off hitting the 52-week high of $153.61 reached in early May. August contracts are up $7.90 to $1,544.7 per ounce on the Comex.
- SPDR S&P 500 (NYSE: SPY) down 0.98 percent to $133.58. Markets are lower following U.S. economic data. The Dow is down just over 1 percent, Nasdaq at 0.8 percent, and S&P at 1 percent. PowerShares QQQ (Nasdaq: QQQ) is 0.77 percent lower as well.
- iShares FTSE China 25 Index Fund (NYSE: FXI) down 1.50 percent to $44.69. China stocks are seeing some pressure following U.S. economic data as well as a manufacturing slowdown in Europe. Markit Economics reported that a manufacturing index measuring the euro region slipped from 58 to 54.6 in May. Analysts were looking for 54.8. Slow growth in both regions will affect purchases from China.
- United States Oil (NYSE: USO) down 0.59 percent to $40.28. Normally trading higher on a weaker U.S. currency, the dollar-denominate crude oil contracts are lower on fears of slight stagnation in U.S. economic growth following data. July contracts are down $0.94 to $101.76 per barrel.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Market Wrap: Crude Staves-Off Loss for August; Apple, Cisco Enter Partnership; Twitter Gains on Upgrade
- Exclusive: Arab OPEC producers brace for oil-price weakness for rest of 2015
- Top 10 News for 8/24 - 8/28: Markets Volatile on Continued China Worries; Revised Q2 GDP Outpaces; Facebook Hits User Activity Milestone
Create E-mail Alert Related CategoriesETFs, Special Reports
Related EntitiesStandard & Poor's, Crude Oil, Notable ETF Movers
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!