The revised first quarter GDP numbers are out, and the markets and certain exchange traded funds (ETFs) mostly seem to be reacting positively.
The initial GDP numbers were up 0.6%, but the revised number is 0.9%, reports Tim Paradis for the Associated Press. The Labor Department also reported that jobless claims were higher, but it was a smaller than expected uptick.
Movement in the market is impacting a range of ETFs, from currencies and precious metals to oil.
The dollar strengthened, sending some currency ETFs such as the CurrencyShares Euro Trust (FXE) slightly lower in early trading.