Broad Market Indicators
Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 1.7%.
US equity indexes traded mixed after midday Tuesday as April consumer prices rose less than forecast and annual inflation eased to the lowest since February 2021.
Energy
IShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) rose 2% and 1.8%, respectively.
Technology
Technology Select Sector SPDR ETF (XLK) was 2.3% higher; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were also higher.
SPDR S&P Semiconductor (XSD) was up 3.1%, and iShares Semiconductor (SOXX) gained 3%.
Financial
Financial Select Sector SPDR (XLF) rose 0.6%. Direxion Daily Financial Bull 3X Shares (FAS) climbed 1.8%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ) fell 1.9%.
Commodities
Crude oil was up 2.8%, and the United States Oil Fund (USO) advanced 3.3%. Natural gas added 0.7%, and the United States Natural Gas Fund (UNG) fell 0.6%.
Gold rose 0.8% on Comex, and SPDR Gold Shares (GLD) added 0.4%. Silver gained 1.6%, and iShares Silver Trust (SLV) was up 1.1%.
Consumer
Consumer Staples Select Sector SPDR (XLP) was down 1.6%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were also lower.
Consumer Discretionary Select Sector SPDR (XLY) rose 1%; VanEck Retail ETF (RTH) added 0.4%, while SPDR S&P Retail (XRT) fell 0.2%.
Health Care
Health Care Select Sector SPDR (XLV) was down 2.5%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were also lower. IShares Biotechnology ETF (IBB) slid 1.6%.
Industrial
Industrial Select Sector SPDR (XLI) rose 1%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) also increased.
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