Notable ETF Movers of the Day 01/17: (FXI) (SPY) (TAN) Higher; (VXX) (UNG) (GDX) Lower
Get Alerts FXI Hot Sheet
Join SI Premium – FREE
Gainers
- iShares FTSE China 25 Index Fund (NYSE: FXI) up 2.61 percent to $37.70. Data from China today has the economy grew 8.9 percent in the fourth-quarter, which is its slowest growth in 2.5 years, but better than the 8.7 percent gain expected.
- SPDR S&P 500 (NYSE: SPY) up 0.88 percent to $129.97. Germany's economic sentiment rose in January, according to new ZEW data. The indicator rose 21.6 points to minus 32.2 points. The number is a vast improvement, but below the histocial average of plus 24.5 points. The number comes amid a downgrade by S&P of the EFSF, and Germany being the only eurozone country to retain its triple-A rating from the firm.
- Guggenheim Solar (NYSE: TAN) up 4.05 percent to $3.08. Yingli Green Energy (NYSE: YGE) is leading the charge, as positive sentiment returns to solars. Data out of China might be doing it today. Yesterday, it was said that MEMC Electronic (NYSE: WFR) unit SunEdison was aiming to add 1-gigawatt of capacity in Japan for a cost of $4.6 billion.
- iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 4.19 percent to $30.17. The CBOE VIX is down slightly Tuesday as markets react to news out of Europe and China, amid mixed results from Citi (NYSE: C) and Wells Fargo (NYSE: WFC).
- United States Natural Gas (NYSE: UNG) down 5.11 percent to $5.38. Nat gas continues to move lower following continued warmers temps last week that might have a negative effect on weekly storage readings. Currently, nat gas February contracts are down $0.189 to $2.481 per mmBtu. Closing below $2.508 would the lowest hit since 2002.
- Market Vectors Gold Miners ETF (NYSE: GDX) down 0.56 percent to $53.75. The ETF is being led lower by Newmont Mining (NYSE: NEM), which issued preliminary numbers and outlook, which had copper production expectations coming in below views in 2012.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Rubrik, Inc. (RBRK) IPO Opens at $38.60, Priced at $32
- KeyBanc raises oil price forecast for 2024 and 2025
- Global S&P Futures mixed in premarket
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Citi, Standard & Poor's, Notable ETF Movers, Wells FargoSign 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!