financetom
Market
financetom
/
Market
/
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Thursday Ahead of New Tariffs, Key Economic Data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Thursday Ahead of New Tariffs, Key Economic Data
Feb 13, 2025 5:49 AM

08:15 AM EST, 02/13/2025 (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) advanced 0.1% in Thursday's premarket activity, as traders remain cautious amid upcoming tariffs and key economic reports later in the day.

US stock futures were also mixed, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures flat and Nasdaq futures gaining 0.1% before the start of regular trading.

January's producer price index report and the weekly jobless claims bulletin are scheduled to be released at 8:30 am ET.

The weekly EIA natural gas supplies report is slated for a 10:30 am ET release.

In premarket activity, bitcoin was down by 1.2% and the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.1% lower.

Power Play:

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.1%, and the iShares US Technology ETF ( IYW ) was 0.4% lower, while the iShares Expanded Tech Sector ETF ( IGM ) was up 0.3%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) was inactive, while the iShares Semiconductor ETF (SOXX) slipped by 0.2%.

Himax Technologies ( HIMX ) shares were up more than 9% in recent Thursday premarket activity after the company reported higher Q4 earnings and revenue.

Winners and Losers:

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.1%, while the Vanguard Consumer Staples Fund (VDC) was down 1.1%. The iShares US Consumer Staples ETF ( IYK ) was inactive, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) gained 0.5%. The VanEck Retail ETF ( RTH ) was inactive, while the SPDR S&P Retail ETF ( XRT ) advanced 0.2%.

Unilever ( UL ) shares were down nearly 7% pre-bell after the company reported a lower Q4 turnover that trailed FactSet analyst estimates.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.1%. The Vanguard Health Care Index Fund ( VHT ) and the iShares US Healthcare ETF ( IYH ) were inactive. The iShares Biotechnology ETF (IBB) was up 0.2%.

Ascendis Pharma ( ASND ) stock was up 6.2% premarket after the company said late Wednesday its board has allocated $25 million to fund a share buyback program and the net settlement of certain restricted stock units, or RSUs.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) retreated 0.3% while the Vanguard Industrials Index Fund ( VIS ) gained 0.9%. The iShares US Industrials ETF ( IYJ ) was inactive.

Lincoln Electric Holdings ( LECO ) stock was up 6% before the opening bell after the company reported higher-than-expected Q4 adjusted earnings and revenue.

Financial

Financial Select Sector SPDR Fund (XLF) declined by 0.04%. Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.1%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was flat.

Moody's (MCO) shares were up 2.5% pre-bell Thursday after the company posted higher Q4 adjusted earnings and revenue alongside its guidance for higher-than-expected 2025 adjusted EPS.

Energy

The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) slipped 0.2%.

Genesis Energy (GEL) stock was down more than 2% before Thursday's opening bell after the company reported a wider Q4 net loss and lower revenue.

Commodities

Front-month US West Texas Intermediate crude oil retreated 1.4% to $70.40 per barrel on the New York Mercantile Exchange. Natural gas rose 2.9% to $3.67 per 1 million British Thermal Units. United States Oil Fund ( USO ) retreated 1.2%, while the United States Natural Gas Fund ( UNG ) was 3.7% higher.

Gold futures for April gained 0.7% to reach $2,947.70 an ounce on the Comex, while silver futures advanced 0.1% to $32.83 an ounce. SPDR Gold Shares ( GLD ) were up 0.6%, and the iShares Silver Trust ( SLV ) was 0.1% higher.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
JGB yields tick lower, tracking US peers ahead of BOJ meeting
JGB yields tick lower, tracking US peers ahead of BOJ meeting
May 25, 2025
TOKYO, April 28 (Reuters) - Japanese government bond yields edged lower on Monday, under pressure from a decline in U.S. Treasury yields, with traders seeing little chance for any near-term policy tightening by the Bank of Japan. The 10-year JGB yield fell 1.5 basis points (bps) to 1.315% as of 0427 GMT, tracking a drop of about 3 bps for...
Big tech earnings, US jobs data highlight busy week for markets
Big tech earnings, US jobs data highlight busy week for markets
May 25, 2025
NEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the prospect of global trade developments threatens to cause volatility at any time. The monthly U.S. employment report, data on first-quarter U.S. economic growth and an inflation update add to...
Japan's Nikkei rallies toward four-day win; Toyota leads auto surge
Japan's Nikkei rallies toward four-day win; Toyota leads auto surge
May 25, 2025
TOKYO, April 28 (Reuters) - Japan's Nikkei rose on Monday, putting it on course for a four-day winning streak, with auto-sector stocks among the top performers after Toyota Motor ( TM ) revealed that it may invest in key parts supplier Toyota Industries ( TYIDF ). Sentiment was also buoyed broadly by some signs of a thaw in the Sino-U.S....
Wall St Week Ahead-Big tech earnings, US jobs data highlight busy week for markets
Wall St Week Ahead-Big tech earnings, US jobs data highlight busy week for markets
May 25, 2025
* Huge week of results, including Apple ( AAPL ), Microsoft ( MSFT ), Amazon ( AMZN ) * Monthly jobs data, PCE inflation report also on tap * Tariff developments set to remain in market's focus By Lewis Krauskopf NEW YORK, April 25 (Reuters) - A packed upcoming week for markets will test a U.S. stocks rebound, with investors...
Copyright 2023-2026 - www.financetom.com All Rights Reserved