Notable ETF Movers of the Day 05/25: (EWZ) (GLD) Higher; (VXX) (UNG) Lower
Gainers
- iShares MSCI Brazil Index (NYSE: EWZ) up 1.94 percent to $52.11. Brazil is said to ease lending for its three major companies: state-owned Petrobras (NYSE: PBR) and Eletrobras, as well as miner Vale (NYSE: VALE). The move comes due to tighter lending standards abroad.
The BOVESPA is up about 1.4 percent.
- SPDR Gold Shares (NYSE: GLD) up 0.42 percent to $152.05. Gold getting a value bid Friday following four sessions of losses as European fears weighted on traders expectations. Now, traders will be looking at a weekly CTFC report to determine whether net long managed money in the precious metal fell by $2.2 billion to $12.2 billion last week.
- iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 0.89 percent to $20.24. The CBOE VIX is about flat on the session Friday heading into the long holiday weekend in the U.S. Lower volumes on the market might lead to some swings throughout the session.
- United States Natural Gas (NYSE: UNG) down 2.92 percent to $18.27. Nat gas seeing some pullback following two-days of advances. Following a 9 percent advance last week, the commodity is flattish this week heading into the long weekend as traders are a little nervous with prices approaching the highest levels seen since February. Stockpiles are still near record highs and the outlook for next week calls for milder weather.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Natural Gas Inventory 36 bcf vs 31 bcf Expected
- Bessent on Iran: maximum economic pressure means likely not a kinetic restart
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Standard & Poor's, Notable ETF MoversSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share