Notable ETF Movers of the Day 02/23: (SPY) (XRT) (USO) Higher; (VXX) (TAN) Lower

• SPDR S&P 500 (NYSE: SPY) up 0.26 percent to $136.39. U.S. markets up as initial claims came in better than expected and Greece approved a massive debt swap deal. The S&P is up about 0.3 percent, while the Dow Jones and Nasdaq are modestly higher as well.
  
  Initial claims at 351K last week were flat from the prior week and beat views calling for a slight rise higher to 355K.
  
  
  Under the Greek plan, about €107 billion will be written down from its sovereign debt burden.
  
  
• SPDR S&P Retail ETF (NYSE: XRT) up 0.69 percent to $58.56. Retailers getting a boost from Limited Brands (NYSE: LTD) Thursday followings its fourth-quarter earnings report. After the market closed Wednesday, Limited reported earnings of $1.50, per share on revenue of $3.52 billion, versus consensus views calling for EPS of $1.46 and revs of $3.47 billion. Limited is up 0.6 percent on the session.
  
  
• United States Oil Fund (NYSE: USO) up 0.84 percent to $40.93. Crude inventories rose 1.63 million barrels to 340.71 million barrels last week according to the EIA. Analysts were looking for a rise of about 500,00 barrels. Despite the jump, crude is holding firm today on economic data and a complacent outlook in the markets.

• Path S&P 500 VIX Short Term (NYSE: VXX) down 4.47 percent to $24.66. The CBOE VIX is lower Thursday as markets digest economic data and look toward Europe following the Greek debt deal and swap agreement. The CBOE VIX is off 4.4 percent on the session.
  
  
• Guggenheim Solar ETF (NYSE: TAN) down 5.32 percent to $30.97. Trina Solar Ltd. (NYSE: TSL) is leading the ETF lower after reporting a wider loss of 93 cents per share for the quarter. In addition, Bloomberg is reporting that Germany might be mulling a curb in solar subsidies, possibly between 20.2 percent and 29.0 percent starting March 9th.

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