08:38 AM EDT, 09/09/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Tuesday's premarket activity as markets await revised payroll data that may reinforce expectations of a Federal Reserve rate cut.

US stock futures were also higher, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures gaining 0.2% before the start of regular trading.

The NFIB Small Business Optimism Index rose to 100.8 in August from 100.3 in July, marking an improvement from 91.2 a year earlier.

The Bureau of Labor Statistics' bulletin of its preliminary benchmark revisions to payrolls will be released at 10 am ET.

In premarket activity, bitcoin was up by 0.5%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.6% higher, Ether ETF (EETH) rose 1.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.

Power Play:

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.3%. The Vanguard Health Care Index Fund ( VHT ) was flat, while the iShares US Healthcare ETF ( IYH ) and the iShares Biotechnology ETF (IBB) were inactive.

Tourmaline Bio ( TRML ) stock was up more than 58% premarket after the company said it has agreed to be acquired by Novartis ( NVS ) for $48 per share in cash, or a total equity value of about $1.40 billion. Novartis ( NVS ) shares were marginally down by 0.1%

Winners and Losers:

Financial

Financial Select Sector SPDR Fund (XLF) advanced 0.04%. Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.1%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.2% lower.

DMY Squared Technology Group ( DMYY ) shares were up more than 5% pre-bell Tuesday after the company and Horizon Quantum Computing said they have struck a deal valuing Horizon Quantum at about $503 million.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) retreated 0.1% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

Korn Ferry ( KFY ) stock was up more than 4% before the opening bell after the company reported higher fiscal Q1 adjusted earnings and revenue.

Technology

Technology Select Sector SPDR Fund (XLK) advanced 0.1%, and the iShares US Technology ETF ( IYW ) was 0.2% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was up 0.5%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) was inactive, while the iShares Semiconductor ETF (SOXX) rose by 0.1%.

Gilat Satellite Networks ( GILT ) shares were down more than 4% in recent premarket activity after the company said it is selling over 7 million shares at $9.35 each, which marks a 6.3% discount to the seven-day volume-weighted average price.

Energy

The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) was up by 0.2%.

Energy Fuels ( UUUU ) stock was up more than 4% before Tuesday's opening bell after the company said that high-purity neodymium-praseodymium oxide produced at its White Mesa Mill in Utah has been manufactured into commercial-scale rare-earth permanent magnets and passed all quality benchmarks for use in EV drive unit motors.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was flat, while the Vanguard Consumer Staples Fund (VDC) was also flat. The iShares US Consumer Staples ETF ( IYK ) , the Consumer Discretionary Select Sector SPDR Fund ( XLY ) , and the VanEck Retail ETF ( RTH ) were inactive. The SPDR S&P Retail ETF ( XRT ) was down 0.2%.

Designer Brands ( DBI ) shares were up more than 1% pre-bell after the company reported higher fiscal Q2 adjusted earnings.

Commodities

Front-month US West Texas Intermediate crude oil was up 0.8% at $62.76 per barrel on the New York Mercantile Exchange. Natural gas advanced 1.6% to $3.14 per 1 million British Thermal Units. United States Oil Fund ( USO ) was 0.8% higher, while the United States Natural Gas Fund ( UNG ) rose 1%.

Gold futures for December advanced by 0.4% to $3,691.40 an ounce on the Comex, while silver futures were down 0.1% at $41.85 an ounce. SPDR Gold Shares ( GLD ) gained 0.3%, and the iShares Silver Trust ( SLV ) was 0.03% lower.