Notable ETF Movers of the Day 03/15: (SMH) (XLF) (XHB) Higher; (USO) (UUP) Lower

• Market Vectors Semiconductor ETF (NYSE: SMH) up 1.30 percent to $$35.16. Chips looking solid Thursday, due in part to an upgrade of AMD (NYSE: AMD) by Jefferies earlier. The firm boosted its rating to Buy and moved its price target from $7 prior to $10.50. In addition, initial claims and PPI numbers beating views is adding complacency to the market.
  
  
• SPDR Select Sector Fund - Financials (NYSE: XLF) up 1.17 percent to $15.62. Following the Fed's stress test results Tuesday, which saw 15 of 19 institutions meet requirements, banks have been getting some investor love. Many of the financials boosted dividends and authorized stock buybacks as something of a reward to investors still hanging in there. Leading the field today are Bank of America (NYSE: BAC) and Citigroup (NYSE: C), which are up 2.5 percent and 2.1 percent, respectively.
  
  
• SPDR Series Trust SPDR Homebuilers (NYSE: XHB) up 1.36 percent to $21.58. Homebuilders higher following economic data Thursday. Initial claims at 351,000 last week beat views expecting 355,000. Prices for producers rose 0.4 percent in February, but the Street was looking for a 0.5 percent gain. Select Comfort (Nasdaq: SCSS) is up 3.2 percent on the session, leading the pack.

• United States Oil Fund (NYSE: USO) down 0.59 percent to $40.16. Crude prices dropped earlier on word the U.S. and U.K. agreed to release emergency reserves. Following the report, the Obama administration said the original headling was false. Keep an eye on crude prices.
  
  
• PowerShares DB USD Index Bullis (NYSE: UUP) down 0.40 percent to $22.33. The risk trade is continuing for many, who are exiting the U.S. dollar as today's jobs data suggests continued economic recovery. Traders will be keeping an eye on industrial production and capacity utilization Friday.

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