financetom
Market
financetom
/
Market
/
Exchange-Traded Funds, US Equities Higher After Midday Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds, US Equities Higher After Midday Friday
Dec 20, 2024 10:26 AM

01:10 PM EST, 12/20/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) added 1.9%.

US equity indexes jumped as benign inflation data helped alleviate concern that the government is heading for a partial shutdown.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) gained 1.2% each.

Technology

Technology Select Sector SPDR ETF (XLK) rose 2%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher.

SPDR S&P Semiconductor (XSD) rose 2.5%, and iShares Semiconductor (SOXX) added 2.6%.

Financial

Financial Select Sector SPDR (XLF) was up 2%. Direxion Daily Financial Bull 3X Shares (FAS) added 5.4%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) fell 5.4%.

Commodities

Crude oil was up 0.3%, and the United States Oil Fund (USO) rose 0.8%. Natural gas gained 4.5%, while the United States Natural Gas Fund (UNG) added 2.2%.

Gold was up 1.3% on Comex, and SPDR Gold Shares (GLD) rose 1.2%. Silver climbed 1.9% while iShares Silver Trust (SLV) rose 1%.

Consumer

Consumer Staples Select Sector SPDR (XLP) was up 0.8%; Vanguard Consumer Staples ETF (VDC) gained 0.6% while iShares Dow Jones US Consumer Goods (IYK) was up 0.9%.

Consumer Discretionary Select Sector SPDR (XLY) was 1.7% higher; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were mixed with the latter rising.

Health Care

Health Care Select Sector SPDR (XLV) rose 2.1%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were higher. IShares Biotechnology ETF (IBB) added 1.9%.

Industrial

Select Sector SPDR-Industrial (XLI) was up 1.8%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were edging higher.

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 >
TREASURIES-Longer-dated US yields lower after GDP data
TREASURIES-Longer-dated US yields lower after GDP data
Jul 25, 2024
(Updated at 2:27 p.m. ET/1827 GMT) By Chuck Mikolajczak NEW YORK, July 25 (Reuters) - Longer-dated U.S. Treasury yields were mostly lower on Thursday after a Wednesday tumble in equities helped fuel a safe-haven bid for bonds, while a solid reading on economic growth failed to shift expectations for a rate cut from the Federal Reserve. Yields initially pared declines...
US STOCKS-Wall Street rises as small caps advance, megacaps recover ground
US STOCKS-Wall Street rises as small caps advance, megacaps recover ground
Jul 25, 2024
* US economic growth regains steam in Q2; inflation slows * Ford slumps as higher costs, EV unit dent profit growth * IBM ( IBM ) gets boost from software, AI demand, as consulting slips * Gains for small-cap indexes Russell 2000 and S&P Small Cap 600 * Indexes up: Dow 0.9%, S&P 0.59%, Nasdaq 0.57% (Updated to 2:02 p.m....
Equities Rise Intraday as Markets Assess Earnings, GDP Report
Equities Rise Intraday as Markets Assess Earnings, GDP Report
Jul 25, 2024
02:40 PM EDT, 07/25/2024 (MT Newswires) -- US benchmark equity indexes were higher intraday as traders analyzed the latest corporate earnings and official data showing that the economy grew at a stronger-than-projected pace in the second quarter. The Dow Jones Industrial Average was up 0.9% at 40,220.3 after midday Thursday, while the S&P 500 and the Nasdaq Composite rose 0.6%...
Sector Update: Financial
Sector Update: Financial
Jul 25, 2024
03:24 PM EDT, 07/25/2024 (MT Newswires) -- Financial stocks were rising in late Thursday afternoon trading, with the NYSE Financial Index adding 0.3% and the Financial Select Sector SPDR Fund (XLF) up 0.9%. The Philadelphia Housing Index was climbing 2.3%, while the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.3%. Bitcoin (BTC-USD) was declining 0.8% to $64,821, and...
Copyright 2023-2024 - www.financetom.com All Rights Reserved