Notable ETF Movers of the Day 02/29: (XHB) (EWY) (UUP) Higher; (GLD) (XRT) Lower

• SPDR Series Trust SPDR Homebuilders (NYSE: XHB) up 0.55 percent to $20.02. Homebuilders being led higher by actual builders of homes Wednesday, following bullish comments by Toll Brothers (NYSE: TOL) CEO Douglas Yearly on CNBC last night. Yearly said his company feels about the best they have "in five years," and "we're really seeing improvement everywhere." On the report, Toll Brothers is ticking 3.6 percent higher Wednesday, giving a boost to names like Lennar (NYSE: LEN) and PulteGroup (NYSE: PHM) as well.
  
  
• iShares MSCI South Korea Index (NYSE: EWY) up 1.78 percent to $59.98. South Korean stocks moved higher following data showing an unexpected 3.3 percent rise in industrial production January compared with December. The Kospi finished Wednesday up about 1.3 percent.
  
  
• PowerShares DB USD Index Bullish (NYSE: UUP) up 0.52 percent to $21.89. The dollar is moving higher following disbursement by the European Central Bank of bailout funds to Greece and comments by Fed Chair Ben Bernanke. Testifying in front of the House Financial Services Committee, Bernanke stated that the Fed has been on alert following improvement in overall economic data recently. Though he maintained comments about low rates through late 2014, investors are taking a shift in thought on potential strengthening of the U.S. dollar.

• SPDR Gold Trust (NYSE: GLD) down 4.00 percent to $166.55. Gold is moving lower Wednesday following Bernanke comments. Though it was expected to remain largely flat, the expected strengthening in the dollar will make gold contracts more expensive to purchase. Further, investors might still be looking for more risk on improving market conditions.
  
  
• SPDR S&P Retail ETF (NYSE: XRT) down 0.91 percent to $59.17. Retailers moving lower, led by Staples (Nasdaq: SPLS) which reported strong Q4 numbers but lackluster guidance. The move is pressuring names like Office Depot (NYSE: ODP) and Office Max (NYSE: OMX) Wednesday morning.

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