financetom
Market
financetom
/
Market
/
Exchange-Traded Funds Fall, US Equities Mixed While Treasury Yields Mostly Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds Fall, US Equities Mixed While Treasury Yields Mostly Rise
May 8, 2024 10:27 AM

01:00 PM EDT, 05/08/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds, including IWM and IVV, were trading lower. Actively-traded Invesco QQQ Trust (QQQ) was down 0.1%.

US benchmark stock indexes traded mixed while most government bond yields rose in midday trading on Wednesday.

Energy

iShares US Energy ETF (IYE) fell 0.1% and Energy Select Sector SPDR (XLE) edged down 0.1%.

Technology

Technology Select Sector SPDR ETF (XLK) was up 0.2%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) fell 0.3% while iShares PHLX Semiconductor (SOXX) slid 0.7%.

Financial

Financial Select Sector SPDR (XLF) gained 0.1%. Direxion Daily Financial Bull 3X shares (FAS) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.5%.

Commodities

Crude was up 0.6%; United States Oil Fund (USO) rose 0.3%. Natural gas was down 1.2% and the United States Natural Gas Fund (UNG) declined 1.1%.

Gold was up 0.1% based on Comex, and SPDR Gold Shares (GLD) gained 0.2%. Silver was up 0.5% and iShares Silver Trust (SLV) rose 0.7%.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 0.2%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were lower.

Consumer Discretionary Select Sector SPDR (XLY) slid 0.5%; retail funds VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were lower.

Health Care

Health Care Select Sector SPDR (XLV) fell 0.4% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was down 0.6%.

Industrial

Select Sector SPDR-Industrial (XLI) fell 0.2% while other industrial funds iShares U.S. Industrials (IYJ), and Vanguard Industrials (VIS) were mixed, with the latter trading lower.

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 >
Equities Mostly Fall Intraday Ahead of Presidential Election
Equities Mostly Fall Intraday Ahead of Presidential Election
Nov 4, 2024
02:28 PM EST, 11/04/2024 (MT Newswires) -- US benchmark equity indexes were mostly lower after midday Monday ahead of the presidential election and the Federal Reserve's latest monetary policy decision due later in the week. The Dow Jones Industrial Average was down 0.5% at 41,835.8 intraday, while the S&P 500 fell 0.1% to 5,724. The Nasdaq Composite was little changed...
US STOCKS-Futures rise as Amazon earnings lift sentiment ahead of jobs data
US STOCKS-Futures rise as Amazon earnings lift sentiment ahead of jobs data
Nov 4, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Amazon.com ( AMZN ) jumps as retail strength boosts profit * Chevron ( CVX ), Exxon rise after results * Nonfarm payrolls due at 8:30 a.m. ET * Futures up: Dow 0.33%, S&P 500 0.35%, Nasdaq 0.41% (Updated at...
Sector Update: Financial
Sector Update: Financial
Nov 4, 2024
08:57 AM EST, 11/04/2024 (MT Newswires) -- Financial stocks were steady premarket Monday as the Financial Select Sector SPDR Fund (XLF) was recently inactive. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.1% higher. B. Riley Financial-backed (RILY) Franchise Group on Sunday began voluntary Chapter...
Muted Investor Sentiment Ahead of Presidential Election Stifles US Equity Futures Pre-Bell
Muted Investor Sentiment Ahead of Presidential Election Stifles US Equity Futures Pre-Bell
Nov 4, 2024
08:57 AM EST, 11/04/2024 (MT Newswires) -- US equity futures were flat before Monday's opening bell as traders refrained from making big bets ahead of the US presidential election. The Dow Jones Industrial Average futures slipped 0.03%, S&P 500 futures increased 0.1%, and Nasdaq futures were up 0.01%. The US is set to hold its presidential election on Tuesday, with...
Copyright 2023-2025 - www.financetom.com All Rights Reserved