Notable ETF Movers of the Day 07/10: (XRT) (RTH) (UUP) Higher; (SMH) (UNG) Lower
- Apple (AAPL), China Mobile (CHL) Sign iPhone Deal - WSJ
- Market Wrap: Hayman Likes GM; Pandora Skirts Competition; Private Sector Jobs Bonanza
- After Hours Stock Movers 12/4: (PBYI) (MFRM) (GGP) Higher; (LGP) (SNPS) (ARO) Lower (more...)
- General Growth Properties (GGP) Set to Join the S&P 500
- Fed Saw 'Modest to Moderate' Growth with Stronger Manufacturing
- SPDR S&P Retail (NYSE: XRT) up 0.50 percent to $60.02. The ETF is being led by SUPERVALU (NYSE: SVU) Tuesday heading into its expected second-quarter earnings release. Shares are up 3 percent on the session, though volume is a little bit light. Rite Aid (NYSE: RAD) is also trading stronger following results from its largest shareholder, Jean Coutu Group. EPS at Jean Coutu was CDN 24 cents, versus CDN 22 cents in the same period last year.
- Market Vectors Retail ETF (NYSE: RTH) up 0.32 percent to $42.58. Heavily-weighted Wal-mart (NYSE: WMT) is leading the ETF today as investors continue to bet on Americans favoring discount retailers over more expensive counterparts. Shares of Wal-mart are up 0.9 percent Tuesday.
- PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.39 percent to $22.97. The U.S. dollar higher as the extension of the deadline for Spain in submitting a plan for containing its fiscal deficit did little to quell investor concern. The euro is down 0.5 percent to $1.2246 on Tuesday.
- Market Vectors Semiconductor ETF (NYSE: SMH) down 0.80 percent to $30.89. Though starting off strong, only ASML Holding (Nasdaq: ASML) is comfortably in positive territory Tuesday following the announcement that Intel (Nasdaq: INTC) would invest just over $4 billion in the company. Chipmakers are succumbing to broader market pressures as demand expectations ebb.
ASML shares are up over 9 percent on the session.
- United States Natural Gas (NYSE: UNG) down 2.75 percent to $19.13. Nat gas contracts are in backwardation as record temperatures may still not be enough to offset record stockpiles in the U.S. In addition, temps over the next week or so are expected to ease, leading to less near-term demand.
August contracts are down $.077 to $2.806 per mmBtu on the Comex.
You May Also Be Interested In
- Bass' Hayman Capital Said to Take GM (GM) Stake
- After Hours Stock Movers 12/03: (CCXI) (GWRE) (JCP) Higher; (OVTI) (ACMP) (CLDX) Lower (more...)
- Unusual 11 Mid-Day Movers 12/04: (OCLS) (ABIO) (TNXP) Higher; (AMBI) (TRQ) (EXPR) Lower
Create E-mail Alert Related CategoriesETFs, Special Reports
Related EntitiesStandard & Poor's, Notable ETF Movers, Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!