Notable ETF Movers of the Day 06/01: (VXX) (FXY) (GLD) Higher; (SPY) (FXI) (USO) Lower
- Market Wrap: Home Prices Gain at Slower Pace; Twitter Soars in Q2; Ford Opts for Apple
- Twitter, Inc. (TWTR) Posts Q2 EPS of 2c/Share, Beats Views; Guides FY14 Revs Above Expectations
- After-Hours Stock Movers 7/29: (TWTR) (ZLTQ) (X) Higher; (NTRI) (BWLD) (DWA) Lower (more...)
- Amgen, Inc. (AMGN) Tops Q2 EPS by 30c
- Carl Icahn Sells Nearly 4M Family Dollar Stores, Inc. (FDO) Shares
- 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.
You May Also Be Interested In
- UPDATE: Tesla Motors (TSLA) /Panasonic Reach Battery Agreement - Nikkei
- UPDATE: IMF Cuts Global Growth Outlook to 3.4%
- UPDATE: Crude Inventory -4M Barrels vs -2.4M Expected