Market update: USO ETF leads moves while SPY ETF is little changed

Where prices stand

As of Oct 21, 14:15 UTC the USO ETF fell 0.63% from the prior close to $159.60, the largest move among tracked markets; the SPY ETF was little changed at $768.81; the GLD ETF rose 0.19% from the prior close to $378.36; and the UUP ETF rose 0.07% from the prior close to $28.92. Across four tracked markets, 2 were up, 1 down and 1 unchanged.

Trend check

WTI Crude Oil is signaled bullish with RSI(14) 58.5; its last close is 101.91, SMA50 is 92.59 and longSma is 85.49. No other tracked instrument in this update has trend signals reported.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 20, 22:40 UTC); it is not a recommendation.

In the news

Cnbc.com reported "Treasury yields steady as investors await jobless claims, mortgage data". sana.sy reported "Gold falls for fourth session as oil rally fuels inflation concerns". isp.netscape.com reported "UK inflation rise to highest in almost a year as Iran war drives fuel prices higher". Yahoo reported "Nasdaq and Dow Diverge as AI Optimism and Inflation Fears Pull Markets".

• Treasury yields steady as investors await jobless claims, mortgage data — cnbc.com, Oct 21, 08:57 UTC
• Gold falls for fourth session as oil rally fuels inflation concerns — sana.sy, Oct 21, 10:00 UTC (also reported by thestar.com.my, english.aawsat.com)
• UK inflation rise to highest in almost a year as Iran war drives fuel prices higher — isp.netscape.com, Oct 21, 13:00 UTC
• Nasdaq and Dow Diverge as AI Optimism and Inflation Fears Pull Markets — Yahoo, Oct 21, 10:23 UTC

What to watch

Weekly jobless claims (DOL) is scheduled Thu Oct 22 (time not confirmed). University of Michigan consumer sentiment is scheduled Fri Oct 23 (time not confirmed).

• Thu Oct 22 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Fri Oct 23 (time not confirmed) — University of Michigan consumer sentiment (US) (source)

Sources and data

• cnbc.com (secondary source) — Treasury yields steady as investors await jobless claims, mortgage data
• sana.sy (secondary source) — Gold falls for fourth session as oil rally fuels inflation concerns
• isp.netscape.com (secondary source) — UK inflation rise to highest in almost a year as Iran war drives fuel prices higher
• Yahoo (secondary source) — Nasdaq and Dow Diverge as AI Optimism and Inflation Fears Pull Markets
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar

Market data as of Oct 21, 14:15 UTC; report generated Oct 21, 14:20 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.