Close

Notable ETF Movers of the Day 04/18: (VXX) (UNG) Higher; (USO) (SMH) Lower

April 18, 2012 12:23 PM EDT
Gainers
  • iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 2.00 percent to $18.35. The CBOE VIX is up about 3 percent on the session Wednesday as the tech sector is getting hit amid tech earnings. IBM (NYSE: IBM) issued a bottom-line beat, though revs were a little shy. Meanwhile, Intel (Nasdaq: INTC) gross margins compressed compared to the prior quarter. Both tech giants are lower on the session.

  • United States Natural Gas (NYSE: UNG) up 1.02 percent to $14.82. Nat gas ticking higher following reports the Federal Energy Regulatory Commission (FERC) approved the first nat gas export plant in the lower 48 states, setting the stage for a potenital spike in prices as cheaper nat gas gets shipped off to places where it may run as high as $11 per mmBtu.

    The license was granted to Cheniere Energy (NYSE: LNG) at Sabine Pass at the Texas-Louisiana border.
Receders
  • United States Oil (NYSE: USO) down 1.61 percent to $39.00. Crude slightly lower on the session following data from the American Petroleum Institute showing stockpiles rose 3.4 barrels, versus some estimates calling for just a 0.4 million barrel gain. WTI May contracts are down $1.54 to $102.66 per barrel.

  • Market Vectors Semiconductor ETF (NYSE: SMH) down 0.80 percent to $34.81. As mentioned, tech stocks lower following Intel and IBM's numbers. Intel is off about 2 percent on the session while IBM is 2.8 percent lower.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

ETFs, Special Reports

Related Entities

Standard & Poor's, Crude Oil, Notable ETF Movers, Earnings