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Notable ETF Movers 2/24: XLF, SMH, USO Up; TAN, XME, GLD

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

    Notable ETF Movers of the Day :

    Gainers

    • Financial Select Sector SPDR (NYSE: XLF) up 1.74% to $14.63. Financials are gaining as Fed Chair Ben Bernanke said during a hearing today that he would keep the Fed interest rates low. The SPDR KBW Regional Banking (NYSE: KRE) is also up 2.55% to $24.94.
    • Semiconductor HOLDRs (NYSE: SMH) up 2.57% to $26.78. Positive comments from Goldman Sachs conference.
    • United States Oil (NYSE: USO) up 1.49% as crude inventories came in a little lower for the week ended February 19, 2010. The Energy Information Administration reported an increase in gasoline demand, with

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