Notable Late-Afternoon ETF Movers for 11/25: UNG, GDX, XRT Higher; UUP Lower
- United States Natural Gas (NYSE: UNG) explodes 6.77% to $9.62. The ETF is up as natural gas Jan 10 futures are up 8% on economic data and some colder forecasts for the Midwest and Northeasten U.S.
- Market Vectors Gold Miners ETF (NYSE: GDX) moving about 2.5% to $52.74. Gold is hitting record highs above $1180 today, setting a good pace for miners to bank in the near-term.
- SPDR S&P Retail (NYSE: XRT) up 2.12% to $35.62. The ETF is loving today’s economics. Personal income up? Jobless claims down? New home sales up? Should make for an interesting Black Friday.
- PowerShares DB US Dollar Index Bullish (NYSE: UUP) down about 1.12% to $22.04. Lighter trading today is leading to bigger swings in the greenback as the Eurp strengthens on diverging interest rate expectations between the U.S. and… well, everyone else, basically.
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