08:29 AM EDT, 08/26/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% lower in Monday's premarket activity as markets traded mixed amid rising Middle East tensions.

US stock futures were mixed, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures slipping 0.1% before the start of regular trading.

The July durable goods orders bulletin is due at 8:30 am ET, followed by the Dallas Fed Manufacturing Survey for August at 10:30 am ET.

In premarket activity, bitcoin was up by 0.5% and the cryptocurrency fund ProShares Bitcoin Strategy ETF ( BITO ) was 0.3% lower.

Power Play:

Health Care

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

Elevai Labs ( ELAB ) shares were up 51% premarket after the company said its Elevai Skincare unit reported positive results from a clinical study for its Elevai Enfinity exosome serum in improving facial appearance.

Winners and Losers:

Technology

Technology Select Sector SPDR Fund ( XLK ) gained 0.1%, and the iShares US Technology ETF ( IYW ) was 0.1% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was up 2.3%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) advanced by 0.1%, while the iShares Semiconductor ETF ( SOXX ) declined by 0.2%.

Daqo New Energy ( DQ ) was down nearly 6% in recent Monday premarket activity after the company reported it swung to an adjusted loss of $1.50 per diluted American depositary share in Q2.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was marginally higher by 0.02%, while the Vanguard Consumer Staples Fund (VDC) was flat. The iShares US Consumer Staples ETF ( IYK ) was inactive, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was flat. The VanEck Retail ETF ( RTH ) was inactive, while the SPDR S&P Retail ETF ( XRT ) was up 0.6%.

Xpeng ( XPEV ) stock traded up 4.3% pre-bell after a regulatory filing showed that Chief Executive Xiaopeng He bought 1 million of the company's shares.

Financial

Financial Select Sector SPDR Fund ( XLF ) advanced 0.3%. Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.8%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.1% lower.

BlackRock TCP Capital ( TCPC ) shares were down 1.2% pre-bell Monday after Wells Fargo downgraded the company to underweight from equalweight.

Energy

The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) was up by 1%.

Uranium Energy ( UEC ) stock was up 1.7% and Cameco ( CCJ ) was up 2% before Monday's opening bell after Kazakh uranium-producing company Kazatomprom on Friday cut its 2025 production forecast to 25,000 to 26,500 tonnes of uranium from 30,500 to 31,500 tU.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) advanced 0.4% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

NAPCO Security Technologies ( NSSC ) stock gained 1.7% before the opening bell after the company reported higher fiscal Q4 results and lifted its quarterly dividend.

Commodities

Front-month US West Texas Intermediate crude oil gained 2.9% to $77.02 per barrel on the New York Mercantile Exchange. Natural gas was down nearly 3% at $1.96 per 1 million British Thermal Units. United States Oil Fund ( USO ) advanced 1%, while the United States Natural Gas Fund ( UNG ) was 2.4% lower.

Gold futures for December rose 0.5% to $2,559.40 an ounce on the Comex, while silver futures gained 0.9% to reach $30.53 an ounce. SPDR Gold Shares ( GLD ) advanced 0.2%, and iShares Silver Trust ( SLV ) was 1.1% higher.