08:35 AM EDT, 04/28/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.03% lower in Monday's premarket activity as trade tensions persist, while key tech earnings are also in focus this week.
US stock futures were also lower, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures losing 0.2% before the start of regular trading.
The Dallas Fed Manufacturing Survey for April is due at 10:30 am ET.
In premarket activity, bitcoin was up by 0.8% and the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.1% lower.
Power Play:
Health Care
The Health Care Select Sector SPDR Fund ( XLV ) and the Vanguard Health Care Index Fund ( VHT ) each retreated 0.1%. The iShares US Healthcare ETF ( IYH ) also slipped 0.1% while the iShares Biotechnology ETF (IBB) was 0.6% lower.
UroGen Pharma ( URGN ) shares rose more than 2% before Monday's opening bell, after the company reported overnight long-term data from a follow-up analysis of its phase 3 trial of urothelial cancer therapy Jelmyto showing treatment response duration of nearly four years.
Winners and Losers:
Technology
Technology Select Sector SPDR Fund (XLK) retreated 0.4%. The iShares US Technology ETF ( IYW ) was flat, while the iShares Expanded Tech Sector ETF ( IGM ) was slightly lower. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) was down 2.8%, while the iShares Semiconductor ETF (SOXX) declined 0.7%.
Opera (OPRA) shares were up over 13% pre-bell Monday, after the company reported higher Q1 adjusted earnings and revenue from a year earlier, and raised its full-year 2025 revenue outlook.
Industrial
Industrial Select Sector SPDR Fund ( XLI ) and the Vanguard Industrials Index Fund ( VIS ) were flat, while the iShares US Industrials ETF ( IYJ ) was inactive.
Cemex (CX) shares were over 2% higher in recent Monday premarket activity, after the company reported better-than-expected Q1 earnings from continuing operations.
Consumer
The Consumer Staples Select Sector SPDR Fund ( XLP ) was up slightly, while the Vanguard Consumer Staples Fund (VDC) gained 0.4%. The iShares US Consumer Staples ETF ( IYK ) was flat, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) added 0.2%. The VanEck Retail ETF ( RTH ) was inactive, while the SPDR S&P Retail ETF ( XRT ) jumped 1.4%.
Domino's Pizza (DPZ) stock slipped more than 2% before Monday's opening bell, after the pizza chain reported lower-than-expected fiscal Q1 revenue.
Financial
Financial Select Sector SPDR Fund (XLF) was down marginally. Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.5%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% higher.
BankUnited ( BKU ) shares advanced 4.9% before the opening bell on Monday, after posting higher Q1 earnings and revenue from a year earlier.
Energy
The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) was down 0.2%.
Atmos Energy ( ATO ) stock slipped 0.4% pre-bell Monday, after Mizuho Securities downgraded it to neutral from outperform and trimmed its price target to $164 from $165.
Commodities
Front-month US West Texas Intermediate crude oil fell 0.1% to $62.95 per barrel on the New York Mercantile Exchange. Natural gas gained 0.9% to $3.14 per 1 million British Thermal Units. United States Oil Fund ( USO ) was down by 0.4%, while the United States Natural Gas Fund ( UNG ) was 2% lower.
Gold futures for June were down 0.01% at $3,298.0 an ounce on the Comex, while silver futures retreated 0.1% to $32.99 an ounce. SPDR Gold Shares ( GLD ) fell 0.2%, and the iShares Silver Trust ( SLV ) was 0.1% higher.