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ETF Movers of the Day 2/25: GDX, GLD, UUP, VXX Up; FXI, XLF, USO Down

  • Written by admin | No Comments Comments
    Last Updated: February 25th, 2010

    Notable ETF Movers of the Day :

    Gainers

    • Market Vectors Gold Miners ETF (NYSE: GDX) up 1.54% to $42.90. Newport Mining (NYSE: NEM) reported better-than-estimated fourth quarter earnings today, and also announced a 10% increase in their budget for 2010, with a 40% increase for Advanced Development projects. Shares are up 4.04% today, and are bolstering the ETF nicely.
    • SPDR Gold Shares (NYSE: GLD) up 0.12% to $107.52. Futures are trading relatively flat as Fed Chair Ben Bernanke is making further statements today that the interest rates should remain low.
    • PowerShares DB US Dollar Index Bullish (NYSE: UUP) up

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