Notable ETF Movers of the Day 06/26: (UUP) (FXI) (UNG) Higher; (GLD) (TAN) Lower
Gainers
- PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.09 percent to $22.74. The euro is down 0.3 percent to $1.2463 Tuesday ahead of the EU summit on Thursday, following Moody's cutting its outlook on 28 Spanish banks as well as Cyprus requesting aid from the EU, citing Greece contagion.
Traders largely believe nothing new will happen at the summit, with markets continuing to price in that notion.
- iShares FTSE China 25 Index Fund (NYSE: FXI) up 0.96 percent to $32.13. China stocks higher as the Ministry of Commerce said actual use of foreign capital in June ticked-higher to $9.2 billion, which was on par with strong numbers in May.
- United States Natural Gas (NYSE: UNG) up 0.54 percent to $18.57. Nat gas traders still evaluating stoppage in production and its impacts on prices following tropical storm Debby.
Futures appear to be just about flat on the session Tuesday.
- SPDR Gold Shares (NYSE: GLD) down 0.84 percent to $152.47. Gold lower as the dollar is stronger today ahead of the EU summit later this week and amid a slew of data out of the area on Monday. The stronger dollar makes gold contracts outside the currency more expensive.
- Guggenheim Solar (NYSE: TAN) down 2.88 percent to $17.86. The segment being led lower by LDK Solar Co., Ltd. (NYSE: LDK), which missed first-quarter numbers earlier and issued light sales guidance for its second-quarter and fiscal 2012.
In addition, Goldman Sachs cut its price target on Suntech Power (NYSE: STP), from $1.20 down to 80 cents.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- St. Joe Company (JOE) Reports Q1 EPS of $0.24
- Towne Bank (TOWN) Reports In-Line Q1 EPS
- Teradyne (TER) Tops Q1 EPS by 18c
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Notable ETF Movers, EarningsSign 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!