On the back of these economic reports, the U.S. dollar hit its highest level in more than two months today. Currently, the PowerShares DB U.S. Dollar Index Bullish (NYSE: UUP) is up more than 0.5% for the day. (For more on currency ETFs, please see our currency category).
The 10-year Treasury note rose to its highest level in several months, rising four basis points to a yield of 3.59%. The iShares Barclays 7-10 Year Treasury Bond Fund (NYSE: IEF) is currently down $0.33 to $90.34. The 52-week range for this ETF has been between $87.70 and $100.31. (For more stories on Treasury ETFs, please see our treasury ETFs category).
Energy stocks were pushed higher today. Oil gained gained nearly 2% in trading, snapping its longest losing streak since 2001. (For more stories on natural gas, please see our natural gas category).
The PowerShares Dynamic Energy Exploration & Production ETF (NYSE: PXE) is currently up by more than 0.5%. (For more stories on sector ETFs, please our sector ETFs category).
Tony D’Altorio contributed to this article.