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Notable ETF Movers: SLX, EWJ, USO Higher; UNG, XRT Lower

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    Last Updated: December 1st, 2009

    StreetInsider.com Notable ETF Movers:

    HIGHER;

    • Market Vectors Steel (NYSE: SLX) trading up 4.3% after Goldman Sachs upgrades the Steel sector from Neutral to Attractive following the sector’s underperformance and the emergence of incrementally positive data points. Goldman added US Steel (NYSE: X) to their Conviction Buy List. Goldman identified 14 signposts that point to upside for steel equities. The firm said, “Steel and scrap prices in the US have bottomed in our view, Chinese prices are rising, inventories remain low, a weak dollar has brought the US close to being a net exporter, and we expect better industrial and auto

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