08:25 AM EDT, 10/29/2024 (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 marginally lower by 0.02% in Tuesday's premarket activity as earnings continue to pour in this week.

US stock futures were also lower, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures slipping 0.3%, and Nasdaq futures retreating 0.02% before the start of regular trading.

The September international trade in goods bulletin and the September retail and wholesale inventories reports will be released at 8:30 am ET.

The national Job Openings and Labor Turnover Survey for September is due at 10 am ET.

The Case-Shiller Home Price Index and the FHFA House Price Index, both for August, are scheduled for 9 am ET, and the Conference Board's consumer confidence report for October posts at 10 am ET.

In premarket activity, bitcoin was up by 2.5% and the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.7% higher.

Power Play:

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) was flat. The Vanguard Health Care Index Fund ( VHT ) was inactive while the iShares US Healthcare ETF ( IYH ) advanced 0.6%. The iShares Biotechnology ETF (IBB) was inactive.

Tenet Healthcare ( THC ) stock was up 6% premarket after the company reported higher Q3 results and lifted its guidance for 2024 adjusted earnings.

Winners and Losers:

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.1%, while the Vanguard Consumer Staples Fund (VDC) was inactive. The iShares US Consumer Staples ETF ( IYK ) retreated 1.6%, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) lost 0.6%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF ( XRT ) were inactive.

Keurig Dr Pepper ( KDP ) shares were down 4% pre-bell after the company said that a subsidiary of JAB Holding is selling 60 million shares of the beverage company's stock at $32.85 apiece in a registered public offering.

Technology

Technology Select Sector SPDR Fund ( XLK ) increased by 0.1%, and the iShares US Technology ETF ( IYW ) was 0.2% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was inactive. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) fell 0.3%, while the iShares Semiconductor ETF (SOXX) rose by 0.2%.

Leidos Holdings ( LDOS ) shares were up 3.1% in recent Tuesday premarket activity after the company reported higher Q3 non-GAAP earnings and revenue, and lifted its 2024 outlook.

Financial

Financial Select Sector SPDR Fund ( XLF ) retreated 0.2%. Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.3%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.6% higher.

Banco Santander (SAN) shares were down 2.6% pre-bell Tuesday after the company reported lower-than-expected Q3 earnings and revenue.

Energy

The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) was marginally up by 0.02%.

BP (BP) stock was down 2.5% before Tuesday's opening bell after the company posted lower Q3 underlying 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.

Boeing ( BA ) stock was down 1.8% before the opening bell after the company said it priced its public offerings of 112.5 million common shares at $143 each and $5 billion of depositary shares at $50 per share.

Commodities

Front-month US West Texas Intermediate crude oil rose 1.2% to $68.18 per barrel on the New York Mercantile Exchange. Natural gas fell 3.7% to $2.22 per 1 million British Thermal Units. United States Oil Fund ( USO ) was up 0.2%, while the United States Natural Gas Fund ( UNG ) lost 1.1%.

Gold futures for December advanced 0.2% to $2,761.70 an ounce on the Comex, while silver futures rose by 0.8% to $34.28 an ounce. SPDR Gold Shares ( GLD ) gained 0.3%, and iShares Silver Trust ( SLV ) was 1.3% higher.