08:11 AM EDT, 07/22/2025 (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 0.1% lower in Tuesday's premarket activity as investors await more earnings reports.

US stock futures were also lower, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures slipping 0.02%, and Nasdaq futures retreating 0.2% before the start of regular trading.

Federal Reserve Chair Jerome Powell is scheduled to speak at 8:30 am ET.

The Richmond Fed manufacturing index for July will be released at 10 am ET.

Fed Vice Chair for Supervision Michelle Bowman's remarks are due at 1 pm ET.

In premarket activity, bitcoin was up by 1.9%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2% higher, Ether ETF (EETH) was down 1.3%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.

Power Play:

Consumer

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

D.R. Horton ( DHI ) shares were up more than 6% pre-bell after the company reported higher-than-expected fiscal Q3 earnings and revenue.

Winners and Losers:

Financial

Financial Select Sector SPDR Fund (XLF) advanced 0.1%. Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.4%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% lower.

Simmons First National ( SFNC ) shares were down more than 5% pre-bell Tuesday after the company said it priced a public offering of 16.2 million Class A shares at $18.50 apiece to raise gross proceeds of $300.1 million.

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.3%, and the iShares US Technology ETF ( IYW ) was 0.1% lower, while the iShares Expanded Tech Sector ETF ( IGM ) was down 0.1%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) slipped 0.6%, while the iShares Semiconductor ETF (SOXX) fell by 0.9%.

Calix (CALX) shares were up more than 3% in recent premarket activity after the company reported higher Q2 non-GAAP earnings and revenue.

Industrial

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

Ballard Power Systems ( BLDP ) stock was up more than 2% before the opening bell after the company said late Monday it has received an order to supply 6.4MW of fuel cell engines to eCap Marine to power two Samskip vessels operating between Norway and the Netherlands.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.1%. The Vanguard Health Care Index Fund ( VHT ) was up 0.7% while the iShares US Healthcare ETF ( IYH ) was inactive. The iShares Biotechnology ETF (IBB) was 0.3% higher.

Danaher ( DHR ) stock was down more than 2% premarket even after the company reported higher fiscal Q2 financial results and lifted its guidance for fiscal 2025 adjusted earnings.

Energy

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

Amplify Energy ( AMPY ) stock was down more than 1% before Tuesday's opening bell after the company said it has engaged TenOaks Energy Advisors to explore potential buyers for its assets in East Texas and Oklahoma.

Commodities

Front-month US West Texas Intermediate crude oil was down 0.8% at $66.69 per barrel on the New York Mercantile Exchange. Natural gas fell 2.2% to $3.25 per 1 million British Thermal Units. United States Oil Fund ( USO ) was 0.7% lower, while the United States Natural Gas Fund ( UNG ) fell 1.8%.

Gold futures for August declined 0.3% to $3,396.40 an ounce on the Comex, while silver futures were down 0.6% at $39.10 an ounce. SPDR Gold Shares ( GLD ) retreated by 0.3%, and the iShares Silver Trust ( SLV ) was 0.1% lower.