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Notable ETF Movers of the Day 04/19: (FXI) (IBB) (GLD) Higher; (VXX) (UNG) LOwer

April 19, 2012 12:09 PM EDT
Gainers
  • iShares FTSE China 25 Index Fund (NYSE: FXI) up 1.23 percent to $38.00. China shars moving higher on potential for more monetary easing to stem any growth slowdowns. Otherwise, Spanish bond auctions drawing more interest is evening out U.S. initial claims data Thursday.

  • iShares Nasdaq Biotechnology (Nasdaq: IBB) up 2.40 percent to $121.95. The biotech ETF moving higher on strong Gilead news Thursday, in which it issued interim data from a Phase 2 trial (ATOMIC) examining a 12-week course of treatment with the once-daily nucleotide GS-7977 plus pegylated interferon (Peg-IFN) and ribavirin (RBV) in treatment-naïve patients with genotype 1 chronic hepatitis C virus (HCV) infection. For more color, click here.

    Gilead is up over 11 percent on the session.

  • SPDR Gold Shares (NYSE: GLD) up 0.36 percent to $159.88. Gold prices rising as the U.S. dollar shows a little weakness against the euro and other currencies following economic data showing first-time jobless claims of 386K came in above views, but lower than a revised higher 388K for the prior week. The weaker dollar makes gold contracts less expensive to outside investors./ul>Receders
    • iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 1.48 percent to $17.98. The CBOE VIX lower as markets keep an eye on Spanish debt auctions and slightly lower initial claims.

    • United States Natural Gas (NYSE: UNG) down 1.57 percent to $14.33. New EIA data shows stockpiles rose 25 billion cubic feet (bcf) last week, better than the 24 bcf estimated by a Bloomberg survey. Nat gas May contracts are trading $.034 lower to $1.917 per mmBtu on the Comex.


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