09:12 AM EDT, 04/13/2026 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.7% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.6% in Monday's premarket activity after US President Donald Trump said the US will block the Strait of Hormuz following unsuccessful negotiations with Iran over the weekend.

US stock futures were also lower, with S&P 500 Index futures down 0.6%, Dow Jones Industrial Average futures slipping 1%, and Nasdaq futures retreating 0.7% before the start of regular trading.

The existing home sales data for March will be released at 10 am ET.

Federal Reserve Governor Stephen Miran is slated to speak on Monday.

In premarket activity, bitcoin was down by 0.4%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 3.2% lower, Ether ETF (EETH) retreated 3.1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.1%.

Power Play:

Health Care

The State Street Health Care Select Sector SPDR ETF ( XLV ) retreated 0.3%, the Vanguard Health Care Index Fund ( VHT ) was up 0.1%, while the iShares US Healthcare ETF ( IYH ) gained 0.1%. The iShares Biotechnology ETF (IBB) was down 0.7%.

Spyre Therapeutics ( SYRE ) stock was up more than 24% premarket after the company said that its SPY001 investigational drug to treat moderate-to-severely active ulcerative colitis met its primary and key secondary endpoints in a phase 2 trial.

Winners and Losers:

Consumer

The State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1% and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) retreated by 0.5%. The iShares US Consumer Staples ETF ( IYK ) was up 0.3%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.8%. The VanEck Retail ETF ( RTH ) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.5% lower.

Leggett & Platt ( LEG ) shares were up more than 8% pre-bell after Somnigroup International ( SGI ) agreed to acquire Leggett & Platt ( LEG ) in an all-stock deal valued at about $2.50 billion. Somnigroup ( SGI ) stock was down 1.7% premarket.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) retreated 0.9%, and the iShares US Technology ETF ( IYW ) was flat, while the iShares Expanded Tech Sector ETF ( IGM ) was down 1.5%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF ( XSD ) was 0.8% lower, while the iShares Semiconductor ETF (SOXX) declined by 1%.

ON Semiconductor (ON) shares were up more than 3% in premarket activity after BofA Securities upgraded the company's stock to buy from neutral.

Financial

The State Street Financial Select Sector SPDR ETF (XLF) fell by 1%. Direxion Daily Financial Bull 3X Shares (FAS) declined by 2.6%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.9% higher.

Lloyds Banking Group ( LYG ) shares were down more than 2% pre-bell after the company said it is "moving forward" with the UK Financial Conduct Authority's motor finance redress scheme.

Industrial

The State Street Industrial Select Sector SPDR ETF ( XLI ) retreated by 0.7%, while the Vanguard Industrials Index Fund ( VIS ) fell 0.8% and the iShares US Industrials ETF ( IYJ ) was 0.4% lower.

MDA Space ( MDA ) stock was up more than 1% before the opening bell after the company introduced a space control platform aimed at helping defense organizations monitor, protect, and secure critical space infrastructure.

Energy

The iShares US Energy ETF ( IYE ) was up 1.7%, while the State Street Energy Select Sector SPDR ETF ( XLE ) rose by 1.9%.

Baker Hughes ( BKR ) stock was up more than 1% before Monday's opening bell after the company said it has signed a deal to sell its Waygate Technologies operations to Stockholm-based Hexagon for about $1.45 billion in cash.

Commodities

Front-month US West Texas Intermediate crude oil rose by 8% to $104.27 per barrel on the New York Mercantile Exchange. Natural gas advanced by 2.5% to $2.72 per 1 million British Thermal Units. The United States Oil Fund ( USO ) was up by 7.4%, while the United States Natural Gas Fund ( UNG ) was 1.9% higher.

Gold futures for May were down by 1.2% at $4,728.90 an ounce on the Comex. Silver futures fell by 3.1% to $74.11 an ounce. SPDR Gold Shares ( GLD ) was 1% lower, and the iShares Silver Trust ( SLV ) advanced by 2.8%.