USO ETF falls 1.25% as SPY ETF edges up at Oct 21, 16:00 UTC

Where prices stand

The USO ETF fell 1.25% from the prior close to $158.61, the largest move among tracked markets as of Oct 21, 16:00 UTC (UUP ETF quoted at 15:56 UTC). The SPY ETF rose 0.47% from the prior close to $772.69 as of Oct 21, 16:00 UTC. The GLD ETF rose 0.28% from the prior close to $378.69 as of Oct 21, 16:00 UTC. The UUP ETF rose 0.14% from the prior close to $28.94 as of Oct 21, 15:56 UTC.

Trend check

WTI Crude Oil is flagged bullish in the trend signals, with RSI(14) 58.5. That signal lists a close of 101.91, above SMA50 92.59 and longSma 85.49, as reference values.

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

Reuters ran the headline “UK's FTSE 100 pauses as hot inflation report outweighs energy boost.” Reuters also published “Israel's election may change its leader, but not Iran war policy.” wsls.com posted “UK inflation rise to highest in almost a year as Iran war drives fuel prices higher.” business-standard.com ran “RBI rejects all bids at Treasury bill auction as short - term yields surge.”

• UK's FTSE 100 pauses as hot inflation report outweighs energy boost — Reuters, Oct 21, 10:40 UTC
• Israel's election may change its leader, but not Iran war policy — Reuters, Oct 21, 13:23 UTC
• UK inflation rise to highest in almost a year as Iran war drives fuel prices higher — wsls.com, Oct 21, 14:00 UTC (also reported by isp.netscape.com)
• RBI rejects all bids at Treasury bill auction as short - term yields surge — business-standard.com, Oct 21, 15:15 UTC

What to watch

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

• Reuters (secondary source) — UK's FTSE 100 pauses as hot inflation report outweighs energy boost
• wsls.com (secondary source) — UK inflation rise to highest in almost a year as Iran war drives fuel prices higher
• business-standard.com (secondary source) — RBI rejects all bids at Treasury bill auction as short - term yields surge
• Finnhub (market data) — market data
• 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, 16:00 UTC; report generated Oct 21, 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.