USO ETF leads moves as SPY ETF holds near $771.50

Where prices stand

The USO ETF, which tracks WTI Crude Oil, is trading at $156.46 and fell 0.54% from the prior close as of Oct 16, 14:00 UTC. The UUP ETF, which tracks the US Dollar Index, is trading at $28.89 and fell 0.38% from the prior close. The GLD ETF, which tracks Gold, is trading at $383.67 and rose 0.25% from the prior close. The SPY ETF, which tracks the S&P 500, is trading at $771.50 and was little changed from the prior close. All prices and moves are according to Finnhub.

Trend check

MarketAlleys Politics & Macro desk trend signals show WTI Crude Oil is bullish with RSI(14) 58.5; the close at 101.91 sits above the 50-day SMA 92.59 and the long SMA 85.49, and no trend signals were available for the SPY ETF, UUP ETF or GLD ETF.

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'. cnbc.com published 'CNBC Daily Open: Warsh holds cards close on Fed policy, but inflation numbers may tip his hand', reporting Kevin Warsh offered markets few clues in his final public appearance before the central bank's October meeting. Forexlive published 'Eurozone September final CPI +3.8% vs +3.8% y/y prelim' and 'Chart of the day: 10-year Treasury yields hit reverse this week but the real test is still ahead'.

• Banknote imagery advisory group minutes – 15 July 2026 — Bank of England, Oct 16, 11:00 UTC
• CNBC Daily Open: Warsh holds cards close on Fed policy, but inflation numbers may tip his hand — cnbc.com, Oct 16, 08:31 UTC
• Eurozone September final CPI +3.8% vs +3.8% y/y prelim — Forexlive, Oct 16, 09:00 UTC
• Chart of the day: 10-year Treasury yields hit reverse this week but the real test is still ahead — Forexlive, Oct 16, 08:40 UTC

Sources and data

• Bank of England (primary source) — Banknote imagery advisory group minutes – 15 July 2026
• cnbc.com (secondary source) — CNBC Daily Open: Warsh holds cards close on Fed policy, but inflation numbers may tip his hand
• Forexlive (secondary source) — Eurozone September final CPI +3.8% vs +3.8% y/y prelim
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• Federal Reserve (primary source) — calendar
• U.S. Energy Information Administration via FRED (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar

Market data as of Oct 16, 14:00 UTC; report generated Oct 16, 14:00 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.