USO ETF falls 7.97% while GLD ETF leads gains

Where prices stand

Finnhub shows the USO ETF, which tracks WTI Crude Oil, fell 7.97% from the prior close to $145.57, the largest move among tracked markets. The GLD ETF, which tracks Gold, rose 3.74% from the prior close to $372.70. The SPY ETF, which tracks the S&P 500, rose 1.87% from the prior close to $768.44. The UUP ETF, which tracks the US Dollar Index, fell 0.38% from the prior close to $28.90. Data are as of Nov 4, 18:20 UTC.

Trend check

Trend signals list WTI Crude Oil as bullish with RSI(14) 53.4; its close is 103.37, SMA50 is 96.61 and longSma is 87.62. Trend data were unavailable for the SPY ETF, the UUP ETF and the GLD ETF for this edition.

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 3, 22:40 UTC); it is not a recommendation.

In the news

The U.S. Securities and Exchange Commission published a press release saying it adopted amendments to update definitions of small entities for investment companies and investment advisers. The Bank of England published a summary of the RTGS CHAPS Industry Forum; the U.S. Commodity Futures Trading Commission announced it signed an MOU with the USDA; CNBC ran an Investing Club item on Jim Cramer.

• SEC Adopts Amendments to Update Definitions of Small Entity for Investment Companies and Investment Advisers — U.S. Securities and Exchange Commission, Nov 4, 16:28 UTC
• Summary of the RTGS CHAPS Industry Forum - 13 October 2026 — Bank of England, Nov 4, 14:51 UTC
• CFTC and USDA Sign MOU to Protect Integrity of American Agricultural Markets — U.S. Commodity Futures Trading Commission, Nov 4, 14:00 UTC
• Jim Cramer says this bank stock is a buy after its post-election pullback — CNBC, Nov 4, 16:54 UTC

What to watch

The Weekly jobless claims (DOL) is due Thu Nov 5 (time not confirmed). The Bank of England rate decision and Monetary Policy Report is scheduled Thu Nov 5, 12:00 UTC. Productivity and Costs (US) is scheduled Thu Nov 5, 13:30 UTC. The Employment Situation (US) is scheduled Fri Nov 6, 13:30 UTC.

• Thu Nov 5 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Nov 5, 12:00 UTC — Bank of England rate decision and Monetary Policy Report (GB) (source)
• Thu Nov 5, 13:30 UTC — Productivity and Costs (US) (source)
• Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)

Sources and data

• U.S. Securities and Exchange Commission (primary source) — SEC Adopts Amendments to Update Definitions of Small Entity for Investment Companies and Investment Advisers
• Bank of England (primary source) — Summary of the RTGS CHAPS Industry Forum - 13 October 2026
• U.S. Commodity Futures Trading Commission (primary source) — CFTC and USDA Sign MOU to Protect Integrity of American Agricultural Markets
• CNBC (secondary source) — Jim Cramer says this bank stock is a buy after its post-election pullback
• 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
• U.S. Bureau of Labor Statistics (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar

Market data as of Nov 4, 18:16 UTC; report generated Nov 4, 18:20 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.