08:26 AM EDT, 08/12/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.04% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% lower in Tuesday's premarket activity as investors await the July inflation data.

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 retreating 0.1% before the start of regular trading.

The NFIB Small Business Optimism Index rose to 100.3 in July, its highest since February and up from 98.6 in June and 93.7 a year earlier.

The Consumer Price Index report for July is scheduled to be released at 8:30 am ET.

Federal Reserve Bank of Richmond President Thomas Barkin is slated to speak at 10 am ET, while Kansas City Fed President Jeffrey Schmid speaks at 10:30 am ET.

In premarket activity, bitcoin was down by 0.5%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.6% lower, Ether ETF (EETH) was flat, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.02%.

Power Play:

Consumer

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

On Holding ( ONON ) shares were up more than 12% pre-bell after the company raised its 2025 net sales guidance.

Winners and Losers:

Energy

The iShares US Energy ETF ( IYE ) was down 0.04%, while the Energy Select Sector SPDR Fund ( XLE ) was 0.1% lower.

Venture Global ( VG ) stock was up more than 7% before Tuesday's opening bell after the company reported higher Q2 net income and revenue.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.1%. The Vanguard Health Care Index Fund ( VHT ) was up by 0.01% while the iShares US Healthcare ETF ( IYH ) gained 0.04%. The iShares Biotechnology ETF (IBB) was inactive.

Valneva (VALN) stock was up more than 8% premarket after the company reported higher H1 revenue.

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.1%, and the iShares US Technology ETF ( IYW ) was 0.01% lower, while the iShares Expanded Tech Sector ETF ( IGM ) was up 0.5%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) was inactive, while the iShares Semiconductor ETF (SOXX) rose by 0.1%.

Intel ( INTC ) shares were up more than 3% in recent premarket activity after President Donald Trump said on social media that he met with CEO Lip-Bu Tan, along with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent.

Industrial

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

SPX Technologies ( SPXC ) stock was down more than 4% before the opening bell after the company said late Monday it plans to offer $500 million worth of common shares in an underwritten public offering.

Financial

Financial Select Sector SPDR Fund (XLF) advanced 0.1%. Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.04%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% lower.

Virtus Investment Partners ( VRTS ) shares were up nearly 1% pre-bell after the company reported higher preliminary assets under management as of July 31.

Commodities

Front-month US West Texas Intermediate crude oil was down 0.6% at $63.55 per barrel on the New York Mercantile Exchange. Natural gas retreated 0.5% to $2.94 per 1 million British Thermal Units. United States Oil Fund ( USO ) was down 0.8%, while the United States Natural Gas Fund ( UNG ) fell 1.3%

Gold futures for December retreated 0.4% to $3,392.80 an ounce on the Comex, while silver futures were down nearly 0.1% at $37.75 an ounce. SPDR Gold Shares ( GLD ) declined by 0.2%, and the iShares Silver Trust ( SLV ) was 0.2% higher.