Notable ETF Movers of the Day 08/23: (TAN) (FXI) (UNG) Higher; (GLD) (UUP) Lower

Gainers

• Claymore/MAC Global Solar Index (NYSE: TAN) up 7.68 percent to $5.19. Trina Solar Ltd. (NYSE: TSL) is leading the ETF higher today, following its second-quarter earnings report. Though results were nothing to write home about, Trina appears to have issued solid shipment guidance for the third quarter. GT Advanced Technologies, Inc. (Nasdaq: GTAT) is also higher after getting added to the S&P SmallCap 600.
  
  
• iShares FTSE China 25 Index Fund (NYSE: FXI) up 2.53 percent to $36.57. China's August PMI was 49.8, from 49.3 in July, according to HSBC Holdings and Markit Economics. Numbers below 50 indicate contraction. Reports have the number coming in better than rumored, with a PMI above 50 expected next month. The National Bureau of Statistics will release the official number on September 1st.
  
  
• United States Natural Gas (NYSE: UNG) up 1.69 percent to $9.90. China is expected to give tax breaks on imports of natural gas in an effort to boost the use of cleaner fuel in the emerging nation. According to China Daily: "The rebates will apply when import costs are higher than domestic wholesale prices. They will cover the period from 2011 through 2020, as well as prior imports from central Asian countries, the Ministry of Finance (MOF) said in a statement posted on its website."

Receders

• SPDR Gold Shares (NYSE: GLD) down 1.42 percent ti $181.98. Following an impressive run to record prices, gold contracts are trading lower as some cash in following the rapid rise. Gold December contracts, the most actively traded, are $14.7 lower to $1877.2 per ounce on the Comex.
  
  
• PowerShares DB US Dollar Index Bullish (NYSE: UUP) down 0.38 percent to $20.99. The U.S. dollar is slumping following new home sales numbers and Richmond Fed data today. New home sales slipped 0.7 percent to 298,000 annual rate, lower than the 310,000 expected. Richmond Fed's seasonally adjusted composite index of manufacturing activity fell to (10) in August, from (1) the prior month.

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