Notable ETF Movers of the Day 07/08: (VXX) (GLD) (UUP) Higher; (SPY) (USO) (TAN) Lower

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July 8, 2011 12:23 PM EDT

Gainers

iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 2.44 percent to $20.60. Jobs numbers leading the markets lower today. Nonfarm payrolls increased 18K in June, below the 80K increase expected by the Street. Also, unemployment and inventories are up, while hourly earnings and the average workweek were flat. The CBOE VIX is up nearly 5 percent on the session.
SPDR Gold Shares (NYSE: GLD) up 0.80 percent to $150.34. Investors turning to gold and other precious metals on market volatility following economic data today. August gold contracts are up $13.3 to $1,543.9 per ounce on the Comex.
PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.33 percent to $21.44. The dollar is gaining as the euro as European regulators attempted to force firms to publish more in depth detail following a stringent stress test to evaluate capital shortfalls.

Receders

SPDR S&P 500 (NYSE: SPY) down 1.11 percent to $133.86. Overall, U.S. markets are down following the nonfarm payroll number miss this morning. Additionally, regulators haven't figured out what to do with the debt ceiling as August nears. Markets are hovering about 1 percent lower on the session.
United States Oil (NYSE: USO) down 2.18 percent to $37.77. Crude is trading lower today, as many speculate demand will diminish with less in the workforce. WTI August contracts are down $2.51 to $96.16 per barrel.
Claymore/MAC Global Solar Index (NYSE: TAN) down 2.82 percent to $6.89. Lower today on market news, but also as Goldman Sachs downgraded both Yingli Green Energy (NYSE: YGE) and ReneSola (NYSE: SOL) to Sell.

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