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Notable ETF Movers of the Day 10/26: (UUP) (VXX) (FXI) Higher; (USO) (RTH) (QQQ) Lower

October 26, 2011 12:47 PM EDT
Gainers
  • PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.33 percent to $21.58. Gaining some strength versus the euro Wednesday, as expectations for little to no resolution from a EU commission meeting are pushing the currency lower. The EUR/USD trade is 0.45 percent lower to €1.3846.

  • iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 0.25 percent to $43.91. The CBOE VIX is about flat-to-slightly-higher as markets evaluate economic data in the face of European indecision. Durable orders came in down 0.8 percent, while excluding transportation pushed that number to positive 1.7 percent. Both metrics beat views. New home sales of 313 thousand also came in better than expectations.

  • iShares FTSE China 25 Index Fund (NYSE: FXI) up 2.07 percent to $35.45. Stocks in China continuing higher for a third day as Premier Wen Jiabao signaled that fiscal tightening would end. Wen said that government would fine-tune economic policy as needed.


Receders

  • United States Oil (NYSE: USO) down 1.40 percent to $35.30. Crude inventories rose 4.7 million to 337.6 million barrels, significantly beating estimates calling for just a 400 thousand barrel increase. December contracts are $1.67 lower to $91.50 per barrel on the Comex.

  • Retail HOLDRs (NYSE: RTH) down 2.20 percent to $108.33. Dropping as major component Amazon (Nasdaq: AMZN) is about 11 percent lower following earnings.

  • PowerShares QQQ (Nasdaq: QQQ) down 0.97 percent to $56.79. Again, tech stocks are getting an overall bearish reception from the market today, with Amazon and Microsoft (Nasdaq: MSFT) trading lower. Nasdaq is about 0.4 percent lowee overall Wednesday.


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