08:13 AM EST, 02/04/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up marginally by 0.04% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.2% in Tuesday's premarket activity, as China announced retaliatory tariffs following recent US trade measures.

US stock futures were mixed, with S&P 500 Index futures up 0.04%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures gaining 0.2% before the start of regular trading.

December's Job Openings and Labor Turnover Survey, or JOLTS, and the factory orders bulletin for December will be released at 10 am ET.

Atlanta Federal Reserve President Raphael Bostic speaks at 11 am, San Francisco President Mary Daly at 2 pm, and Fed Vice Chair Philip Jefferson at 7:30 pm.

In premarket activity, bitcoin was down by 1.8% and the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.9% lower.

Power Play:

Technology

Technology Select Sector SPDR Fund (XLK) gained 0.4%, and the iShares US Technology ETF ( IYW ) was 0.5% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was flat. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) advanced by 0.5%, while the iShares Semiconductor ETF (SOXX) rose by 0.5%.

Palantir Technologies ( PLTR ) shares were up more than 21% in recent Tuesday premarket activity after the company reported higher Q4 adjusted earnings and revenue that beat FactSet analyst estimates.

Winners and Losers:

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was down 0.4%, while the Vanguard Consumer Staples Fund (VDC) was flat. The iShares US Consumer Staples ETF ( IYK ) declined 0.1%, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) slipped 0.04%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF ( XRT ) were inactive.

Estee Lauder ( EL ) shares were down 8% pre-bell after the company reported lower fiscal Q2 adjusted net earnings and net sales.

Financial

Financial Select Sector SPDR Fund (XLF) declined 0.1%. Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.5%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% higher.

UBS Group ( UBS ) shares were down more than 5% pre-bell Tuesday after the company reported lower-than-expected Q4 earnings and underlying revenue.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) retreated 0.03% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

CNH Industrial ( CNH ) stock was down 3.7% before the opening bell after the company posted lower Q4 adjusted earnings and net sales.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) retreated 0.2%. The Vanguard Health Care Index Fund ( VHT ) was flat, while the iShares US Healthcare ETF ( IYH ) gained 1.7%. The iShares Biotechnology ETF (IBB) was 0.4% lower.

Pfizer ( PFE ) stock was up 2.1% premarket after the company reported higher Q4 adjusted earnings and revenue.

Energy

The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) was down by 0.3%.

Marathon Petroleum ( MPC ) stock was up 1.4% before Tuesday's opening bell after the company reported higher-than-expected Q4 adjusted net income and revenue.

Commodities

Front-month US West Texas Intermediate crude oil declined 2.2% to $71.59 per barrel on the New York Mercantile Exchange. Natural gas was down 4.2% at $3.21 per 1 million British Thermal Units. United States Oil Fund ( USO ) slipped by 1.8%, while the United States Natural Gas Fund ( UNG ) fell by 4.1%.

Gold futures for April were down 0.4% at $2,846.80 an ounce on the Comex, and silver futures slipped 0.6% to $32.34 an ounce. SPDR Gold Shares ( GLD ) were up 0.2%, while the iShares Silver Trust ( SLV ) was 0.6% higher.