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Notable ETF Movers of the Day 09/08: XLF, USO, OIH Higher; SMH, VXX, UNG Lower

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    Last Updated: September 9th, 2010

    Gainers

    • Financial Select Sector SPDR (NYSE: XLF) up 1.45% to $14.39. Banks are making a recovery after the sector led the markets lower yesterday. Euro bank fears resurfaced, but the ECB’s commitment for liquidity in the banks kept fears in check.
    • United States Oil (NYSE: USO) up 1.37% to $33.22. October oil contracts are about $0.44/barrel higher today, to $74.53/barrel. Contract prices have been on a modest decline since the beginning of September, mostly on economic concerns and inventory stockpiles. Investors are looking for the EIA to report that crude inventories increased by 300,000 barrels

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