08:32 AM EDT, 10/21/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.04% and the actively traded Invesco QQQ Trust (QQQ) was 0.02% higher in Tuesday's premarket activity as hopes of an interest rate cut were offset by a focus on corporate earnings.

US stock futures were mixed, with S&P 500 Index futures down 0.02%, Dow Jones Industrial Average futures slipping 0.04%, and Nasdaq futures advancing 0.3% before the start of regular trading.

Federal Reserve Governor Christopher Waller is slated to speak at 9 am ET and 3:30 pm ET.

In premarket activity, bitcoin was down by 2.2%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.2% lower, Ether ETF (EETH) fell 2.8%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.

Power Play:

Industrial

Industrial Select Sector SPDR Fund ( XLI ) advanced 0.3% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

Fluor (FLR) stock was up more than 5% before the opening bell after The Wall Street Journal reported that Starboard Value has amassed a roughly 5% stake in the engineering and construction company and intends to push for ways to boost the stock value.

Winners and Losers:

Energy

The iShares US Energy ETF ( IYE ) was down 0.4%, while the Energy Select Sector SPDR Fund ( XLE ) was up by 0.3%.

Halliburton ( HAL ) stock was up more than 4% before Tuesday's opening bell after the company reported better-than-expected Q3 adjusted earnings and revenue.

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.01%, and the iShares US Technology ETF ( IYW ) was 0.2% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was flat. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) was inactive, while the iShares Semiconductor ETF (SOXX) rose marginally by 0.04%.

IonQ ( IONQ ) shares were up more than 3% in recent Tuesday premarket activity after the company said it has achieved the world's highest two-qubit gate performance, with fidelity surpassing 99.99%.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) advanced 0.2%, while the Vanguard Consumer Staples Fund (VDC) was flat. The iShares US Consumer Staples ETF ( IYK ) was up 0.4%, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) gained 0.1%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF ( XRT ) were inactive

Coca-Cola (KO) shares were up more than 2% pre-bell after the company reported higher fiscal Q3 comparable earnings and net operating revenue.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.2%. The Vanguard Health Care Index Fund ( VHT ) gained marginally by 0.04%, while the iShares US Healthcare ETF ( IYH ) was flat. The iShares Biotechnology ETF (IBB) was also flat.

Quest Diagnostics ( DGX ) stock was up more than 2% premarket after the company reported higher Q3 adjusted earnings and revenue.

Financial

Financial Select Sector SPDR Fund (XLF) was flat. Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.2%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.1% higher.

Nasdaq (NDAQ) shares were up more than 1% pre-bell after the company reported higher Q3 non-GAAP earnings and revenue.

Commodities

Front-month US West Texas Intermediate crude oil gained 0.9% to reach $58.06 per barrel on the New York Mercantile Exchange. Natural gas up 2.1% at $3.47 per 1 million British Thermal Units. The United States Oil Fund ( USO ) was 0.7% higher, while the United States Natural Gas Fund ( UNG ) rose 1.3%.

Gold futures for December fell by 1.9% to $4,276.70 an ounce on the Comex, while silver futures was down by 4.1% at $49.27 an ounce. SPDR Gold Shares ( GLD ) was down by 2.8%, and the iShares Silver Trust ( SLV ) was 4.7% lower.