Notable ETF Movers of the Day 12/01: (UNG) (FXI) (XRT) Higher; (USO) (XLF) (XME) Lower

• United States Natural Gas (NYSE: UNG) up 1.40 percent to $7.98. Nat gas stores fell for the week ended November 25th, by about 1 billion cubic feet to 3.851 trillion cubic feet. Analysts on the Street were looking for a gain of 9 to 13 bcf for the week. The draw may have been a surprise, but mixed weather across much of the U.S. may have caused consumer to crank the heat up. Stores are still at all-time highs however, leaving plenty of room for prices to increase on any hints of a fall in stockpiles.
  
  
• iShares FTSE China 25 Index Fund (NYSE: FXI) up 1.27 percent to $36.68. China stocks are on rally mode following the bank rate cut (first in three years) and central bank moves to shore up Europe's finances (nearly unprecedented). The Shanghai Composite closed 2.3 percent better Thursday. Notably, China's PMI showed a consolidation to 49.0 in November, from 50.4 in October, and below the 49.8 expected.
  
  
• SPDR S&P Retail (NYSE: XRT) up 0.23 percent to $52.03. The move is the ETF is being bolstered by Charming Shoppes (Nasdaq: CHRS), which is 10.6 percent better on the session, following strong third-quarter numbers, initiating a review of strategic options and divesting Fashion Bug.

• United States Oil (NYSE: USO) down 1.34 percent to $38.26. Crude moving lower as initial claims in the U.S. crept 6,000 higher to 402,000 from a revised 396,000 last week. January futures are $1.02 lower to $99.34 per barrel on the Comex.
  
  
• Financial Select Sector SPDR (NYSE: XLF) down 1.29 percent to $12.65. Bank stocks are giving some back following yesterday's rally. As might be expected, Citi (NYSE: C) and JPMorgan (NYSE: JPM) are leading the charge lower, down 2.8 and 2.5 percent, respectively.
  
  
• SPDR S&P Metals & Mining (NYSE: XME) down 1.38 percent to $53.56. As gold and silver continue lower, the miners are showing some weakness today. The ETF is being les by RTI International (NYSE: RTI), which is 3.1 percent down on the day. Following a move higher yesterday, the metals, like crude, might be giving some back after initial and continuing claims data.

You May Also Be Interested In

• JPMorgan is worried about further S&P 500 sell-off potential
• Tesla prices, Big tech earnings, Bitcoin - what's moving markets
• Barclays Downgrades OGE Energy (OGE) to Equalweight