08:44 AM EDT, 10/07/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.04% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% higher in Tuesday's premarket activity amid the continued US government shutdown.

US stock futures were also higher, with S&P 500 Index futures up 0.03%, Dow Jones Industrial Average futures advancing 0.04%, and Nasdaq futures gaining 0.1% before the start of regular trading.

The ongoing US government shutdown is likely to postpone the international trade in goods and services report for August, which was originally scheduled to be released at 8:30 am ET.

The Federal Reserve's August consumer credit report will be released at 3 pm ET.

Fed officials Raphael Bostic, Michelle Bowman, Stephen Miran, and Neel Kashkari are slated to speak Tuesday.

In premarket activity, bitcoin was down by 0.8%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.7% lower, Ether ETF (EETH) retreated 0.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) fell 1.3%.

Power Play:

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) retreated 0.03%, while the Vanguard Consumer Staples Fund (VDC) gained 0.3%. 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 ) was inactive, while the SPDR S&P Retail ETF ( XRT ) was up 0.2%.

Dollar Tree ( DLTR ) shares were down more than 4% pre-bell after Jefferies downgraded the company to underperform from hold and cut its price target to $70 from $110.

Winners and Losers:

Financial

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

Intercontinental Exchange ( ICE ) shares were up more than 3% pre-bell after the company said it has signed a deal to invest up to $2 billion in Polymarket, reflecting a roughly $8 billion pre-investment valuation.

Technology

Technology Select Sector SPDR Fund (XLK) advanced 0.3%, and the iShares US Technology ETF ( IYW ) was 0.02% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was up 0.9%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) gained 0.7%, while the iShares Semiconductor ETF (SOXX) rose by 0.9%.

International Business Machines ( IBM ) shares were up more than 4% in recent premarket activity after the company and Anthropic said they will form a partnership to integrate the Claude family of large language models into the technology company's software portfolio.

Energy

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

Solaris Energy Infrastructure ( SEI ) stock was down more than 4% before Tuesday's opening bell after the company said it priced an upsized $650 million offering of 0.25% convertible senior notes due 2031, with a $97.5 million overallotment option and settlement expected Oct. 8.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) retreated 0.2%. The Vanguard Health Care Index Fund ( VHT ) was down 0.3%, while the iShares US Healthcare ETF ( IYH ) was inactive. The iShares Biotechnology ETF (IBB) advanced 0.01%.

GE HealthCare Technologies ( GEHC ) stock was down more than 2% premarket after Citigroup downgraded the company to neutral from buy and cut its price target to $83 from $93.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) advanced 0.1%, while the Vanguard Industrials Index Fund ( VIS ) retreated 0.4% and the iShares US Industrials ETF ( IYJ ) was inactive.

Commodities

Front-month US West Texas Intermediate crude oil gained 0.2% to reach $61.79 per barrel on the New York Mercantile Exchange. Natural gas rose 2.2% to $3.43 per 1 million British Thermal Units. The United States Oil Fund ( USO ) was 0.1% lower, while the United States Natural Gas Fund ( UNG ) advanced by 0.9%.

Gold futures for December were up 0.3% at $3,988.70 an ounce on the Comex, while silver futures gained by 0.1% to reach $48.48 an ounce. SPDR Gold Shares ( GLD ) advanced by 0.3%, and the iShares Silver Trust ( SLV ) was 0.1% higher.