financetom
Market
financetom
/
Market
/
Exchange-Traded Funds Rise as US Equities Advance After Midday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds Rise as US Equities Advance After Midday
May 5, 2026 10:35 AM

01:13 PM EDT, 05/05/2026 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded fund IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) edged up 1.2%.

US equity indexes rose in midday trading on Tuesday as crude oil futures slumped after Defense Secretary Pete Hegseth said the ceasefire agreement with Iran remains in force.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each added about 0.4%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) was up 2.1%; iShares US Technology ETF (IYW) climbed 1.8%, and iShares Expanded Tech Sector ETF (IGM) rose 1.7%.

The State Street SPDR S&P Semiconductor (XSD) gained 3.8%, and iShares Semiconductor (SOXX) was up 4.3%.

Financial

The State Street Financial Select Sector SPDR (XLF) fell fractionally. Direxion Daily Financial Bull 3X Shares (FAS) declined 0.3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), climbed up 0.5%.

Commodities

Crude oil dropped 4%, and the United States Oil Fund (USO) shed 2.9%. Natural gas was down 2.8%, and the United States Natural Gas Fund (UNG) fell 2.2%.

Gold on Comex rose 0.7%, and the State Street SPDR Gold Shares (GLD) added 0.9%. Silver gained 0.2%, and iShares Silver Trust (SLV) was up 0.4%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) added 0.4%. The Vanguard Consumer Staples ETF (VDC) rose 0.3%, and iShares Dow Jones US Consumer Goods (IYK) was 0.3% higher.

The State Street Consumer Discretionary Select Sector SPDR (XLY) gained 0.5%. VanEck Retail ETF (RTH) was up 0.5%, and the State Street SPDR S&P Retail (XRT) rose 1.1%.

Health Care

The State Street Health Care Select Sector SPDR (XLV) added 0.2%, iShares US Healthcare (IYH) gained 0.1%, and Vanguard Health Care ETF (VHT) rose fractionally. IShares Biotechnology ETF (IBB) slipped 0.4%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) added 1.1%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were also higher.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) advanced 1.6%. Among cryptocurrency ETFs, ProShares Bitcoin ETF ( BITO ) added 1.5%, ProShares Ether ETF ( EETH ) gained 0.4%, and ProShares Bitcoin & Ether Market Cap Weight ETF ( BETH ) was 1.8% 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 >
Equities Higher After Fed Chair Powell's Comments
Equities Higher After Fed Chair Powell's Comments
May 1, 2024
04:01 PM EDT, 05/01/2024 (MT Newswires) -- US benchmark equity indexes were higher ahead of Wednesday's close after the Federal Reserve left interest rates unchanged and Chair Jerome Powell said it's unlikely that the next monetary policy move would be a rate increase. The Dow Jones Industrial Average was up 0.6% at 38,043.7, while the Nasdaq Composite rose 0.4% to...
TSX Closer:  Market Manages a Small Gain as Focus on US Interest-Rate Decision, Powell Comments
TSX Closer: Market Manages a Small Gain as Focus on US Interest-Rate Decision, Powell Comments
May 1, 2024
04:22 PM EDT, 05/01/2024 (MT Newswires) -- The Toronto Stock Exchange's S&P/TSX Composite Index fell off afternoon highs on Wednesday after the Federal Reserve's policy committee ended its meeting leaving US interest rates unchanged, as the index closed up 14.66 points to close at 21,729.2, up 14.66 points, but well under the session high of near 21,870. The US central...
US Equity Markets Close Mixed Wednesday After Fed Holds Rates Steady
US Equity Markets Close Mixed Wednesday After Fed Holds Rates Steady
May 1, 2024
04:06 PM EDT, 05/01/2024 (MT Newswires) -- US equity markets ended mixed Wednesday as investors evaluated the Federal Reserve's decision to hold interest rates steady. * The Federal Open Market Committee maintained its target range for the federal funds rate at 5.25% to 5.50% but noted a lack of progress in slowing down inflation. Fed Chairman Jerome Powell said that...
US STOCKS-S&P 500 ends lower after Fed rate decision, Powell press conference
US STOCKS-S&P 500 ends lower after Fed rate decision, Powell press conference
May 1, 2024
* Fed leaves policy rate unchanged as expected * Fed Chair Powell: further inflation progress not assured * Job openings hit three-year low (Updates to market close) By Stephen Culp NEW YORK, May 1 (Reuters) - U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, but indicated that its next move...
Copyright 2023-2026 - www.financetom.com All Rights Reserved