ProShares Ultra DJ-UBS Crude Oil UCO dropped 2.14% on Friday, as crude oil struggled again. Crude oil dropped below $74, on the news of reopening of the major pipeline. A disappointing consumer confidence report also influenced a decline in crude oil price.
iShares MSCI Spain Index (ETF) EWP dropped 1.89% today, on the news of growing Spanish debt. The Bank of Spain reported that overall debt increased 10% in the second quarter.
ProShares UltraShort FTSE/Xinhua China 25 FXP lost 1.63%, as China Mobile Ltd. (ADR) CHL gained 0.52%, and China Unicom (Hong Kong) Limited (ADR) CHU added 0.26%.
SPDR S&P Metals and Mining (ETF) XME dropped 1.42%, as Hecla Mining Company HL fell 0.97%. Cliffs Natural Resources Inc CLF slipped 3.97%, and closed at $60.96.
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