Notable ETF Movers of the Day 02/03: (SPY) (XLF) (FXI) Higher; (VXX) (UNG) (GLD) Lower

February 3, 2012 12:22 PM EST
  • SPDR S&P 500 (NYSE: SPY) up 1.28 percent to $134.38. The S&P 500 and other U.S. markets up Friday following a smattering of positive economic data.
    • Nonfarm payrolls at 243K, beating views of 140K;

    • ISM Services Index at 56.8, versus 53.1 consensus; and

    • Unemployment rate drops from 8.5 percent down to 8.3 percent.
    Markets are up well over 1 percent on the news.

  • SPDR Select Sector Fund - Finan (NYSE: XLF) up 2.20 percent to $14.66. Financials gaining with broader markets today. The ETF is being led by Citigroup (NYSE: C) and Bank of America (NYSE: BAC), which are up 4.2 percent and 4.4 percent on the session, respectively.

  • iShares FTSE China 25 Index Fun (NYSE: FXI) up 1.48 percent to $40.52. Stocks in China closed higher ahead of nonfarm numbers today. Data in Europe also shows a gain in PMI for the euro area from 48.3 in December to 50.4 in January. Numbers above 50 indicate economic expansion.
  • iPath S&P 500 VIX Short Term Fund (NYSE: VXX) down 4.35 percent to $24.23. The CBOE VIX is trading 6.5 percent lower Friday as nonfarm payroll numbers nearly doubled views and ISM Services had a strong report.

  • United States Natural Gas Fund (NYSE: UNG) down 3.12 percent to $5.24. Nat gas continuing lower following continued above-normal temps for much of the U.S. heading into February. Thursday, EIA data showed a 132 billion cubic foot draw from stockpiles, which beat views. However, overall stores are still much higher than one- and five-year averages.

    March nat gas contracts are down $0.79 to $2.475 on the Comex.

  • SPDR Gold Trust (NYSE: GLD) down 1.29 percent to $168.85. Gold is paring some gains is week following a three-session run as traders take profits as the risk trade is back on. Gold April contracts are off $17.8 to $1,741.5 per share.

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