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Notable ETF Movers of the Day 07/15: (UNG) (VXX) (XLK) Higher; (EWA) (XRT) (USO) Lower

July 15, 2011 11:41 AM EDT
Gainers

  • United States Natural Gas (NYSE: UNG) up 2.44 percent to $11.32. Nat gas trading higher today on a few things. First, hot weather in the Midwestern U.S. is lingering and expected to spread to the East Coast by next week. Additionally, BHP Billiton (NYSE: BHP) is paying about a 63 percent premium for the acquisition of PetroHawk (NYSE: HK), meaning that there may be some increased demand for natural gas in the future. Nat gas futures are trading $0.130 better to $4.508 per mmBtu on the Comex.

  • iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 1.24 percent to $23.67. After being into the red this morning, the CBOE VIX is now in positive territory following a massive drop in consumer confidence (63.8) for June, according to the University of Michigan Sentiment Index.

  • Technology Select Sector SPDR (NYSE: XLK) up 0.62 percent to $25.80. The tech ETF is holding its own today, following a spectacular quarterly report from Google (Nasdaq: GOOG) yesterday. Click here for more color and analysts on the numbers. Google is up over 12 percent on the session to $592.93, but still far from its 52-week high of $642.96.


Receders

  • iShares MSCI Australia Index (NYSE: EWA) down 0.64 percent to $24.84. Australian shares closing lower yesterday as BHP Billiton dropped a following its announcement to acquire PetroHawk. The A&P/ASX 200 finished 0.4 percent lower, though the WSJ notes it come this close to hitting a new nine-month low.

  • SPDR S&P Retail (NYSE: XRT) down 0.35 percent to $53.91. With confidence coming in lower than expected and increase in core CPI, consumes may be hanging on to their purse strings while data sorts itself out. OfficeMax (NYSE: OMX) is leading the ETF lower, down 1.35 percent on the session.

  • United States Oil (NYSE: USO) down 1.41 percent to $38.08. Oil moving higher today as the U.S. dollar is showing some weakness on economic data, making crude contracts cheaper. ETI August contracts are up $1.61 to $97.30 per barrel on the Comex, slightly below a high of $97.38 reached on the session.


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Standard & Poor's, Consumer Confidence Index, Crude Oil, Notable ETF Movers