Notable ETF Movers of the Day 01/26: (UNG) (QQQ) (UUP) Higher; (XLE) (EWY) (XLU) Lower
- GM (GM) No Longer 'Government Motors'
- After Hours Stock Movers 12/9: (CMTL) (LL) (DDD) Higher; (PBY) (TA) (NXPI) Lower (more...)
- Market Wrap: Sysco Scoop-Up Competitor; Treasury Sells Out...of GM; OSI Systems Gets Rapi-Slammed
- Sysco (SYY) to Acquire US Foods in $3.5B Deal
- Texas Instruments (TXN) Updates Q4 Outlook; Narrows EPS, Revenue Guidance
- United States Natural Gas (NYSE: UNG) up 6.86 percent to $5.92. Nat gas moving higher as President Obama made a push for cleaner energy using the commodity during Tuesday's State of the Union speech. Specifically, Obama touted how the U.S. has enough to last 100 years, and the industry could create 600 thousand jobs in the country.
Nat gas March contracts are $0.195 higher to $2.796 per mmBtu on the Comex.
- PowerShares QQQ (Nasdaq: QQQ) up 0.79 percent to $60.15. If you're not sure why the Nasdaq is up on an relatively down day, here's the one word to describe it: Apple. Following a blow-out earnings report Tuesday, shares of Apple (Nasdaq: AAPL) are keeping the Nasdaq afloat as they've been hovering at 7 percent of gains for most of the session. The move has pushed Apple into the driver's seat as the world's most valuable company.
- PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.49 percent to $22.38. The U.S. dollar moving higher ahead of the latest Fed interest rate decision, expected out this afternoon. Many expect low rates to continue -- as the Fed has hinted to in the past -- and focus will surround any hints of further quantitative easing.
- Energy Select Sector SPDR (NYSE: XLE) down 0.95 percent to $71.06. Energy stocks lower on an overall low market day as sales of pending homes fell while home prices rose. ConocoPhillips (NYSE: COP) reported relatively solid earnings, but it said that much was due to asset sales and the gain in crude prices. Shares are off about 1.5 percent Wednesday.
- iShares MSCI South Korea Index (NYSE: EWY) down 0.7 percent to $57.03. Japan suffering after posting it's first trade deficit since 1980 in the wake of the tragic March 2011 earthquake. The deficit -- of about $32 billion -- came as exports fell 2.7 percent and imports popped 12 percent in 2011.
- Utilities Select Sector SPDR (NYSE: XLU) down 0.64 percent to $34.25. Both Exelon (NYSE: EXC) and Southern Co. (NYSE: SO) posted ho-hum quarterly results today. The stocks are down 0.7 percent and 0.9 percent, respectively.
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Create E-mail Alert Related CategoriesETFs, Special Reports
Related EntitiesCrude Oil, Barack Obama, Notable ETF Movers, Earnings
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