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Exchange-Traded Funds Decline, US Equities Mixed After Midday
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Exchange-Traded Funds Decline, US Equities Mixed After Midday
May 26, 2025 11:51 AM

01:09 PM EDT, 05/21/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) rose 0.3%.

US equity indexes traded mixed after gains in Alphabet's (GOOG, GOOGL) shares helped lift the Nasdaq Composite while domestic fiscal jitters weighed over government bond yields.

Energy

IShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) dropped about 0.6% each.

Technology

Technology Select Sector SPDR ETF (XLK) was up 0.1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were also edging higher.

SPDR S&P Semiconductor (XSD) fell 0.1%, and iShares Semiconductor (SOXX) added 0.7%.

Financial

Financial Select Sector SPDR (XLF) fell 0.9%. Direxion Daily Financial Bull 3X Shares (FAS) declined 2.6%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), rose 3.1%.

Commodities

Crude oil was 0.3% lower, and the United States Oil Fund (USO) lost 0.5%. Natural gas dropped 1.2%, and the United States Natural Gas Fund (UNG) was down 0.1%.

Gold rose 0.7% on Comex, and SPDR Gold Shares (GLD) added 0.4%. Silver was up 1.4%, and iShares Silver Trust (SLV) gained 1%.

Consumer

Consumer Staples Select Sector SPDR (XLP) was down 0.5%; Vanguard Consumer Staples ETF (VDC) and the iShares Dow Jones US Consumer Goods (IYK) also declined.

Consumer Discretionary Select Sector SPDR (XLY) lost 0.5%; VanEck Retail ETF (RTH) was down 1.1%, while SPDR S&P Retail (XRT) dipped 1.7%.

Health Care

Health Care Select Sector SPDR (XLV) fell 1.3%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also edged lower. IShares Biotechnology ETF (IBB) lost 1.5%.

Industrial

Industrial Select Sector SPDR (XLI) fell 0.5%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were also in the red.

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