09:07 AM EDT, 08/22/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Friday's premarket activity, ahead of US Federal Reserve Chair Jerome Powell's speech at Jackson Hole.

US stock futures were also higher, with S&P 500 Index futures up 0.2%, Dow Jones Industrial Average futures advancing 0.3%, and Nasdaq futures gaining 0.1% before the start of regular trading.

Powell is scheduled to speak at the central bank's annual symposium at Jackson Hole, Wyoming, at 10 am ET.

The Baker Hughes domestic oil-and-gas rig count at 1 pm ET.

In premarket activity, bitcoin was down by 0.1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.2% lower, Ether ETF (EETH) was up 0.3%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.4%.

Power Play:

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.3%. The Vanguard Health Care Index Fund ( VHT ) was down 0.3% while the iShares US Healthcare ETF ( IYH ) was flat. The iShares Biotechnology ETF (IBB) was 0.7% higher.

Aptorum Group ( APM ) stock was down more than 34% premarket after rising more than 200% at the previous close. Aptorum ( APM ) and DiamiR Biosciences said Thursday that DiamiR has received a Clinical Laboratory Evaluation Program Test Approval for its APOE Genotyping test from the New York State Department of Health. DiamiR and Aptorum ( APM ) plan to merge by Q4, the companies said in July.

Winners and Losers:

Industrial

Industrial Select Sector SPDR Fund ( XLI ) declined marginally by 0.01% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

Greenwave Technology Solutions ( GWAV ) stock was up more than 6% before the opening bell after falling 46% in Thursday's session following the announcement of a 1-for-110 reverse stock split late Wednesday to regain its minimum bid price listing requirement with Nasdaq.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was marginally higher by 0.02%, while the Vanguard Consumer Staples Fund (VDC) was flat. The iShares US Consumer Staples ETF ( IYK ) was inactive, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) rose 0.5%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF ( XRT ) were inactive.

RLX Technology ( RLX ) shares were up more than 8% pre-bell after the company reported higher Q2 non-GAAP earnings and revenue.

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.1%, and the iShares US Technology ETF ( IYW ) was 0.2% lower, while the iShares Expanded Tech Sector ETF ( IGM ) was up 0.01%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) advanced 0.2%, while the iShares Semiconductor ETF (SOXX) rose by 0.3%.

Nvidia ( NVDA ) shares were down more than 1% in recent premarket activity. Several media outlets reported Thursday that Nvidia ( NVDA ) has told some of its suppliers to suspend work on its H20 chip.

Energy

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

Cenovus Energy ( CVE ) shares were up more than 1% pre-bell Friday after the company said that it will acquire MEG Energy in a cash-and-stock deal worth 7.90 billion Canadian dollars ($5.68 billion), including assumed debt.

Financial

Financial Select Sector SPDR Fund (XLF) advanced 0.4%. Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.7% lower.

Commodities

Front-month US West Texas Intermediate crude oil was up 0.1% at $63.58 per barrel on the New York Mercantile Exchange. Natural gas declined 1.8% to $2.77 per 1 million British Thermal Units. United States Oil Fund ( USO ) advanced marginally by 0.4%, while the United States Natural Gas Fund ( UNG ) was 1.7% lower.

Gold futures for December lost 0.4% to reach $3,369.60 an ounce on the Comex, while silver futures were down 0.7% at $38.30 an ounce. SPDR Gold Shares ( GLD ) retreated 0.5%, and the iShares Silver Trust ( SLV ) was 0.5% lower.