The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 1.2% lower in Thursday's premarket activity amid a steady stream of economic data.

US stock futures were mixed, with S&P 500 Index futures down 0.3%, Dow Jones Industrial Average futures gaining 0.3%, and Nasdaq futures slipping 1.1% before the start of regular trading.

US initial jobless claims rose to a level of 199,000 in the week ended Oct. 10 from an upwardly revised 198,000 level in the previous week, compared with expectations for a level of 200,000 in survey of analysts compiled by Bloomberg as of 7:50 am ET.

The US Producer Price Index rose by 1.3% in September following a 0.5% increase in August, well above the 0.6% gain expected in a survey compiled by Bloomberg as of 7:50 am ET.

US retail sales rose by 0.8% in September, a larger increase than the 0.3% increase expected in a survey compiled by Bloomberg and following the previous month's revised 1.3% rise.

The New York Federal Reserve's Empire State manufacturing index rose to 25.5 in October from 7.6 in September, compared with a much smaller expected increase to a reading of 12.0 in a survey compiled by Bloomberg as of 7:50 am ET.

The Philadelphia Federal Reserve's monthly manufacturing index decreased to 20.9 in October after falling to 37.8 in September, compared with expectations for a smaller decrease to a reading of 28.0 in a survey compiled by Bloomberg, but still points to solid expansion.

August's business inventories data will be released at 10 am ET.

The weekly natural gas stocks data is slated for a 10:30 am ET release followed by the weekly crude oil stocks data at 12 pm ET.

Federal Reserve Chairman Kevin Warsh and Cleveland Fed President Beth Hammack are the Fed speakers for Thursday.

In premarket activity, bitcoin was down by 1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.8% lower, Ether ETF (EETH) retreated 2.7%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was 0.02% lower.

Power Play:

Industrial

The State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.5%, while the Vanguard Industrials Index Fund (VIS) and the iShares US Industrials ETF (IYJ) were inactive.

Rocket Lab (RKLB) shares were down 10% after the company said the inaugural launch of its reusable, medium-lift Neutron rocket has been delayed to 2027.

Winners and Losers:

Technology

The State Street Technology Select Sector SPDR ETF (XLK) retreated 1.6%, the iShares US Technology ETF (IYW) was 1.4% lower, and the iShares Expanded Tech Sector ETF (IGM) was down 1.1%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) lost 2%, while the iShares Semiconductor ETF (SOXX) fell 2.6%.

SK Hynix (SKHY) shares were down more than 6% in premarket activity after Reuters reported SK is seeking approval from the US government to export US chipmaking equipment to China to increase production there, as it prepares to build a factory in the US.

Energy

The iShares US Energy ETF (IYE) gained 0.1%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.4%.

Venture Global (VG) stock was down more than 3% before market open, extending the 4% loss in the prior session. The company said it has signed agreements with GE Vernova (GEV) and Baker Hughes (BKR) Energy Services to expand its grid-independent power network, potentially supporting up to 10 gigawatts of additional computing capacity. GE stock was 2% lower while Baker Hughes was trending 0.05% higher.

Consumer

The State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 1.6%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was 1.4% higher, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) gained 0.1%.

Kimberly-Clark (KMB) shares were up more than 2% pre-bell after the company posted forecast-beating preliminary Q3 adjusted earnings and revenue.

Financial

The State Street Financial Select Sector SPDR ETF (XLF) advanced 0.6%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.8%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 2% lower.

Charles Schwab (SCHW) shares traded down 2% in early hours activity after the company reported lower-than-expected Q3 net revenue.

Healthcare

The State Street Health Care Select Sector SPDR ETF (XLV) advanced 1.3%, the Vanguard Health Care Index Fund (VHT) gained 2%, while the iShares US Healthcare ETF (IYH) rose 5.6%. The iShares Biotechnology ETF (IBB) was inactive.

Eli Lilly (LLY) stock was up more than 1% premarket after Adlai Nortye (ANL) said it signed clinical trial collaboration and supply agreements with Eli Lilly and Merck KGaA to evaluate its investigational cancer drug AN4035 in combination with cetuximab. Adlai Nortye stock was 3% higher.

Commodities

Front-month US West Texas Intermediate crude oil advanced 0.02% to $95.11 per barrel on the New York Mercantile Exchange. Natural gas was up 0.9% at $3.23 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 0.1%, while the United States Natural Gas Fund (UNG) was 1% lower.

Gold futures for November advanced by 1.6% to $4,173.70 an ounce on the Comex. Silver futures rose 1.9% to $56.95 an ounce. SPDR Gold Shares (GLD) was up 1.1%, and the iShares Silver Trust (SLV) increased 1.8%.