See which ETFs are the top gainers amid today's bullish sentiment - Livit. Lovit. TRADIT.

See which ETFs are the top gainers amid today's bullish sentiment

28.09.2022

By Axiory Intelligence

See which ETFs are the top gainers amid today's bullish sentiment

Most markets are higher this morning as risk-on sentiment dominates: SPDR S&P Metals and Mining ETF, United States Oil Fund, LP, ProShares Ultra Bloomberg Natural Gas are showing impressive gains as we move into the afternoon trading session.

The leading indices are pointing up — Dow Jones up 1.5%, trading at 29,573. S&P 500 up to 3,701.32, gaining 1.48%.

Today's rise takes place amid mixed market indicators — Crude Oil Inventories in United States fell short of market expectations (443,000) with a reading of -215,000, continuing the decline from the previous figure of 1.14 million.

Yesterday was a satisfactory day for markets, some ETFs are continuing this streak today. Take a look at our top gainers.

ProShares Ultra Bloomberg Natural Gas | +3.63% at $55.9

3 months ago ProShares Ultra Bloomberg Natural Gas reached a significant high of $131.79 but has consequently lost 59.07% since then.

United States Oil Fund LP | +4.11% at $67.07

Tentatively higher from an earlier low of $64.95, United States Oil Fund LP is up to $67.07 today, adding $2.65, or 4.11%, to yesterday's closing price of $64.42.

SPDR S&P Metals & Mining ETF | +4.28% at $43.9

XME got off to a strong start by gaining $1.8 (+4.28%), only to run out of steam later in the session around $43.9. Currently, XME is trading around the $43.9 level.

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