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Market update: USO ETF leads gains as SPY ETF slips

According to Finnhub, the USO ETF rose 0.62% from the prior close to $158.29 while the SPY ETF fell 0.55% to $767.53; prices are reported at Oct 16, 16:00 UTC.

MarketAlleys Research Desk

Published · 2 min read

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Illustration for: Market update: USO ETF leads gains as SPY ETF slips
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Where prices stand

Finnhub shows the USO ETF price $158.29 rose 0.62% from the prior close, the largest move among the tracked instruments; the SPY ETF price $767.53 fell 0.55% from the prior close; the UUP ETF price $28.93 fell 0.24% from the prior close; and the GLD ETF price $382.05 fell 0.17% from the prior close. Prices are as of Oct 16, 16:00 UTC.

Instrument Last 5-session change Latest change As of Source
S&P 500 (via SPY ETF) $767.53 -0.28% -0.55% Oct 16, 16:00 UTC Finnhub
US Dollar Index (via UUP ETF) $28.93 +0.07% -0.24% Oct 16, 16:00 UTC Finnhub
Gold (via GLD ETF) $382.05 +1.08% -0.17% Oct 16, 16:00 UTC Finnhub
WTI Crude Oil (via USO ETF) $158.29 +7.25% +0.62% Oct 16, 16:00 UTC Finnhub

Trend check

Finnhub indicates WTI Crude Oil's status is bullish with RSI(14) 58.5. Its close is 101.91, the 50-day average is 92.59 and the longSma is 85.49, presented as reference points only.

Instrument Close SMA50 Long SMA RSI(14) Trend status
WTI Crude Oil 101.91 92.59 85.49 58.5 bullish

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 15, 22:40 UTC); it is not a recommendation.

In the news

The Bank of England published minutes titled "Banknote imagery advisory group minutes – 15 July 2026" on Oct 16, 11:00 UTC, recording a meeting held 15 July 2026. The minutes are available at https://www.bankofengland.co.uk/minutes/2026/july/banknote-advisory-minutes-15-july.

Sources and data

Market data as of Oct 16, 16:00 UTC; report generated Oct 16, 16:10 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. Bank of England (primary, retrieved Oct 16, 2026, 04:13 PM UTC)
  2. Finnhub (market-data, retrieved Oct 16, 2026, 04:13 PM UTC)
  3. U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Oct 16, 2026, 04:13 PM UTC)
  4. Federal Reserve (primary, retrieved Oct 16, 2026, 04:13 PM UTC)
  5. U.S. Energy Information Administration via FRED (primary, retrieved Oct 16, 2026, 04:13 PM UTC)
  6. European Central Bank (euro reference rates) (primary, retrieved Oct 16, 2026, 04:13 PM UTC)
  7. U.S. Bureau of Labor Statistics (primary, retrieved Oct 16, 2026, 04:13 PM UTC)

Market data as of Oct 16, 2026, 04:00 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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