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Notable ETF Movers of the Day 04/22: UNG, XRT, XHB Up; XLF, USO, SLX Down (MTL, NFLX)

April 22, 2010 12:05 PM EDT
Gainers

  • United States Natural Gas (NYSE: UNG) up 4.10% to $7.37. Futures of nat gas are on the rise today as data came in from the EIA showing stores increased, but less than expected. Stores grew 73 Billion cubic feet, below the analyst estimate of 78 Bcf.

  • SPDR S&P Retail (NYSE: XRT) up 0.91% to $44.17. Shares being lifted up today by Netflix, Inc. (Nasdaq: NFLX) as shares of the retailer trade up 16.12% to $101.04, as the company reports the addition of 1.7 million users., and first quarter income surged 44%.

  • SPDR S&P Homebuilders (NYSE: XHB) up 1.24% to $18.84. Getting a boost today on news that existing home sales rose in March, signaling an increased demand may be in store for the builders.


Receders

  • Financial Select Sector SPDR (NYSE: XLF) down 1.20% to $16.44. Shares in the sector falling as recent U.S. SEC moves making investors nervous in the financials.

  • United States Oil (NYSE: USO) down1.24% to $39.77. Trading lower as supplies at Cushing, Oklahoma, delivery point are growing. Supplies grew to 34.1 million barrels, about 1 million barrels shy of an all time high.

  • Market Vectors Steel ETF (NYSE: SLX) down 2.40% to $65.85. Shares are trading lower despite reports that demand for cold-rolled steel has increased in China. Investors may be adversely reacting to Mechel OAO's (NYSE: MTL) acquisition of a Romanian metallurgical plant, as shares of the company are trading 6.89% lower today.

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