financetom
Market
financetom
/
Market
/
Exchange-Traded Funds Lower, US Equities Mixed After Midday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds Lower, US Equities Mixed After Midday Trading
Jun 20, 2024 10:04 AM

12:51 PM EDT, 06/20/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds, including IWM and IVV, were lower. The actively traded Invesco QQQ Trust (QQQ) was down 0.7%.

US equity indexes traded mixed while most government bond yields rose after weekly jobless claims and housing starts for May declined.

Energy

iShares US Energy ETF (IYE) rose 1.9% and Energy Select Sector SPDR (XLE) rose 2.1%.

Technology

Technology Select Sector SPDR ETF (XLK) fell 0.9%, and iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) fell 1.8%, and iShares Semiconductor (SOXX) dropped 1.9%.

Financial

Financial Select Sector SPDR (XLF) rose 0.1%, erasing earlier losses. Direxion Daily Financial Bull 3X shares (FAS) rose 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) dropped 0.5%.

Commodities

Crude rose 0.3% and United States Oil Fund (USO) gained 0.4%. Natural gas fell 4.4%, and the United States Natural Gas Fund (UNG) slumped 4.1%.

Gold was 1% higher based on Comex, and SPDR Gold Shares (GLD) rose 1.1%. Silver was up 3.9% and iShares Silver Trust (SLV) added 3.7%.

Consumer

Consumer Staples Select Sector SPDR (XLP) eased 0.2%, and Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were lower.

Consumer Discretionary Select Sector SPDR (XLY) was 0.3% lower; retail fund VanEck Vectors Retail ETF (RTH) and the SPDR S&P Retail (XRT) were lower.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.2% and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were higher. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was up 0.7%.

Industrial

Select Sector SPDR-Industrial (XLI) dropped 0.1%, iShares U.S. Industrials (IYJ) was up 0.1% and Vanguard Industrials (VIS) lost 0.1%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oil Prices Move Lower as Weak Chinese Demand Offsets a Drop in U.S. Inventories and Strong Q2 GDP Growth
Oil Prices Move Lower as Weak Chinese Demand Offsets a Drop in U.S. Inventories and Strong Q2 GDP Growth
Jul 25, 2024
08:55 AM EDT, 07/25/2024 (MT Newswires) -- Oil prices weakened early on Thursday as worries over the health of Chinese demand offset falling U.S. inventories, while a report showed the U.S. economy grew at a faster than expected pace in the second quarter. West Texas Intermediate crude oil for September delivery was last seen down US$1.13 to US$76.46 per barrel,...
Sector Update: Tech
Sector Update: Tech
Jul 25, 2024
08:44 AM EDT, 07/25/2024 (MT Newswires) -- Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 3.3% lower recently. STMicroelectronics ( STM ) shares declined by over 12% after it reported lower fiscal Q2 earnings and net revenue. ...
Sector Update: Financial
Sector Update: Financial
Jul 25, 2024
08:56 AM EDT, 07/25/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Thursday with the Financial Select Sector SPDR Fund (XLF) recently advancing by 0.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.5%. Nasdaq (NDAQ) was up nearly 4% after it reported...
Sector Update: Health Care
Sector Update: Health Care
Jul 25, 2024
08:48 AM EDT, 07/25/2024 (MT Newswires) -- Health care stocks were mixed premarket Thursday, with the Health Care Select Sector SPDR Fund (XLV) down 0.4% and the iShares Biotechnology ETF (IBB) recently up 0.5%. AstraZeneca ( AZN ) reported Q2 earnings of $1.24 per diluted share, up from $1.17 a year earlier but below the $1.36 estimate from three analysts...
Copyright 2023-2025 - www.financetom.com All Rights Reserved