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Notable ETF Movers 12/28: UNG, USO Up; FAA, GLD, FXI, XHB Down

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    Last Updated: December 28th, 2009

    StreetInsider.com Notable ETF Movers:

    HIGHER;

    • United States Natural Gas (NYSE: UNG) up 4.36% to $10.77. Colder than normal temperatures in the Northeast coupled with Noble Energy (NYSE: NBL) signing a letter of intent to sell Tamar gas to Israel Electric Corp is driving the ETF, and Nat Gas futures, higher today.
    • United States Oil (NYSE: USO) up 1.75% to $38.87. Confidence in an economic recovery is boosting the price of crude futures higher as confidence in the U.S. is bolstering with the announcement of good holiday sales report. In addition, continued violence across Iran may be adding to investors concerns

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