In U.S. stocks, SPDR S&P 500 ETF (NYSEArca: SPY) dropped more than 1% in recent trading.
However, the dollar strengthened against a basket of foreign currencies as PowerShares DB US Dollar Bullish Fund (NYSEArca: UUP) traded higher after the S&P bombshell.
iShares Barclays 20+ Year Treasury Bond Fund
Full disclosure: Tom Lydon’s clients own SLV and GLD.