Exchange-Traded Funds, US Equities Rise After Midday

MT Newswires Live
6 hours ago

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV climbed. Actively traded Invesco QQQ Trust (QQQ) rose 0.7%.

US equity indexes advanced as government bond yields declined in midday trading on Monday.

Energy

iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each fell about 0.2%.

Technology

Technology Select Sector SPDR ETF (XLK) rose 0.6%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) climbed.

SPDR S&P Semiconductor (XSD) added 1.4% and iShares Semiconductor (SOXX) gained 0.7%.

Financial

The Financial Select Sector SPDR (XLF) eased 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) slipped 0.3% and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), added 0.2%.

Commodities

Crude oil gained 0.9%, and the United States Oil Fund (USO) rose 1.2%. Natural gas climbed 1.9%, and the United States Natural Gas Fund (UNG) advanced 2.1%.

Gold on Comex and SPDR Gold Shares (GLD) each added 1%. Silver gained 0.3%, and iShares Silver Trust (SLV) climbed 0.7%.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 0.8%. The Vanguard Consumer Staples ETF (VDC) and the iShares Dow Jones US Consumer Goods (IYK) declined.

Consumer Discretionary Select Sector SPDR (XLY) gained 1.2%. VanEck Retail ETF (RTH) fell 0.2%, and SPDR S&P Retail (XRT) rose 1.4%.

Health Care

Health Care Select Sector SPDR (XLV) shed 0.8%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) dropped; iShares Biotechnology ETF (IBB) fell 0.3%.

Industrial

Industrial Select Sector SPDR (XLI) gained 0.4%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) advanced.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) shed 0.6%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) was down 1.7%, ProShares Ether ETF (EETH) lost 3.7%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) fell 2.1%.

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