The PowerShares DB U.S. Dollar Index Bullish ETF (NYSEArca: UUP) is up nearly 1% this morning. The Rydex CurrencyShares Euro Currency Trust (NYSEArca: FXE) and the Rydex CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) are both lower by more than 1.25% this morning. [For more information on currency ETFs, please visit our currency ETFs category.]
Meredith Whitney, the analyst who became famous for her spot-on calls during the financial crisis, has cut her earnings estimates for both Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS). Whitney has a neutral rating on both stocks, reports Michael Baron for TheStreet. The Financial Select Sector SPDR (NYSEArca: XLF) is down by more than 1% this morning. [For more stories on the financial sector, please visit our financial category.]
Read the disclaimer, as Tom Lydon is a board member of Rydex Funds.
Tony D’Altorio contributed to this article.