08:24 AM EDT, 06/17/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher as the markets traded mixed in Monday's premarket activity ahead of more economic data releasing later this week.

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

The Empire State Manufacturing Index for June will be released at 8:30 am ET.

Philadelphia Federal Reserve President Patrick Harker speaks at 1 pm ET.

In premarket action, bitcoin was down by 0.9% and the cryptocurrency fund ProShares Bitcoin Strategy ETF ( BITO ) was 0.5% higher.

Power Play:

Industrial

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

Aaron's (AAN) shares were up 32% before the opening bell after the company agreed to a takeover offer from IQVentures.

Winners and Losers:

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) retreated 0.2%. The Vanguard Health Care Index Fund ( VHT ) gained nearly 1% while the iShares US Healthcare ETF ( IYH ) was inactive. The iShares Biotechnology ETF ( IBB ) was inactive.

Nurix Therapeutics ( NRIX ) stock was up more than 16% premarket after the company said Sunday that an ongoing phase 1a/b clinical trial of its drug NX-5948 is yielding what one of its researchers called "impressive" results for the treatment of adult patients with relapsed or refractory B-cell malignant cancers such as non-Hodgkin lymphoma.

Technology

Technology Select Sector SPDR Fund ( XLK ) gained 0.4%, and the iShares US Technology ETF ( IYW ) was 0.4% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was up 1.2%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) gained 0.9%, while the iShares Semiconductor ETF ( SOXX ) rose by 0.7%.

Autodesk ( ADSK ) shares were up 4% in recent Monday premarket activity after the Wall Street Journal reported Sunday, citing people familiar with the matter, that stakeholder Starboard Value met Autodesk ( ADSK ) executives to discuss concerns over its operations and corporate governance.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) gained marginally by 0.04%, while the Vanguard Consumer Staples Fund (VDC) was up 0.4% The iShares US Consumer Staples ETF ( IYK ) was inactive, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) lost 0.2%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF ( XRT ) were inactive.

Ollie's Bargain Outlet (OLLI) stock was up 3% pre-bell after JPMorgan upgraded the consumer goods retailer to overweight from neutral and raised its price target to $105 from $89.

Energy

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

Tenaris ( TS ) was up nearly 1% before Monday's opening bell after the company said it completed the third tranche and commenced the fourth tranche of its $1.20 billion share buyback program.

Financial

Financial Select Sector SPDR Fund ( XLF ) retreated by 0.2%. Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.7%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% higher.

Commodities

Front-month US West Texas Intermediate crude oil was flat at $78.45 per barrel on the New York Mercantile Exchange. Natural gas was 2.2% lower at $2.82 per 1 million British Thermal Units. United States Oil Fund ( USO ) gained marginally by 0.03%, while the United States Natural Gas Fund ( UNG ) fell 2%.

Gold futures for August retreated 0.6% to $2,335.90 an ounce on the Comex, while silver futures were down 0.5% at $29.34 an ounce. SPDR Gold Shares ( GLD ) slipped 0.6%, and iShares Silver Trust ( SLV ) was 1.3% lower.