08:45 AM EDT, 10/17/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.4% lower in Friday's premarket activity as fresh disclosures of loan losses at regional banks sparked fears about credit stress.

US stock futures were also lower, with S&P 500 Index futures down 0.3%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures declining 0.5% before the start of regular trading.

Friday's releases of the housing starts and permits, and import and export prices reports for September were delayed due to the ongoing federal government shutdown.

The industrial production report is due at 9:15 am ET, followed by the weekly Baker Hughes oil-and-gas rig count at 1 pm ET.

Federal Reserve Bank of St. Louis President Alberto Musalem is scheduled to speak Friday.

In premarket activity, bitcoin was down by 1.8%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.3% lower, Ether ETF (EETH) retreated 1.6%, and Bitcoin & Ether Market Cap Weight ETF (BETH) fell by 8%.

Power Play:

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) declined by 0.4%. The Vanguard Health Care Index Fund ( VHT ) was down 0.4% while the iShares US Healthcare ETF ( IYH ) was inactive. The iShares Biotechnology ETF (IBB) was 0.8% lower.

Revolution Medicines ( RVMD ) stock was up more than 8% premarket after the company said late Thursday that the US Food and Drug Administration granted a non-transferrable voucher for daraxonrasib, a multi-selective inhibitor with the potential to help address various types of cancers.

Winners and Losers:

Financial

Financial Select Sector SPDR Fund (XLF) retreated 0.1%. Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.3%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.2% higher.

Fifth Third Bancorp ( FITB ) shares were up more than 2% pre-bell after the company reported higher Q3 earnings and revenue.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.3%, while the Vanguard Consumer Staples Fund (VDC) gained 0.1%. The iShares US Consumer Staples ETF ( IYK ) advanced 0.2%, while the Consumer Discretionary Select Sector SPDR Fund ( XLY ) lost 0.1%. The VanEck Retail ETF ( RTH ) was inactive, while the SPDR S&P Retail ETF ( XRT ) was inactive

Autoliv ( ALV ) shares were up more than 1% pre-bell after the company reported higher Q3 adjusted earnings and revenue.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) retreated 0.2% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

Ameresco ( AMRC ) stock was down more than 1% before the opening bell after falling 1.4% at the prior close. The company said it has completed a 50-megawatt battery energy storage project for Nucor in Kingman, Arizona, under a 20-year storage agreement.

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.7%, and the iShares US Technology ETF ( IYW ) was 0.9% lower, while the iShares Expanded Tech Sector ETF ( IGM ) was down 0.1%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) fell 2%, while the iShares Semiconductor ETF (SOXX) declined by 0.9%.

Micron Technology ( MU ) shares were down more than 1% in recent premarket activity after Reuters reported Friday, citing two people briefed on the decision, that the company intends to stop supplying server chips to Chinese data centers following the business' failure to recover from a 2023 government ban on its products in critical infrastructure in that market.

Energy

The iShares US Energy ETF ( IYE ) was flat, while the Energy Select Sector SPDR Fund ( XLE ) was marginally up by 0.01%.

Diamondback Energy ( FANG ) stock was down more than 1% before Friday's opening bell after Wells Fargo reduced its price target on the company to $160 from $211, while JPMorgan cut its price target to $166 from $167.

Commodities

Front-month US West Texas Intermediate crude oil retreated 0.03% to $57.45 per barrel on the New York Mercantile Exchange. Natural gas was flat at $2.94 per 1 million British Thermal Units. The United States Oil Fund ( USO ) was 0.04% lower, while the United States Natural Gas Fund ( UNG ) was down 0.04%.

Gold futures for December advanced 0.3% to $4,316.40 an ounce on the Comex, while silver futures fell by 1.5% to $52.48 an ounce. SPDR Gold Shares ( GLD ) retreated by 0.5%, and the iShares Silver Trust ( SLV ) was 1.6% lower.