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Exchange-Traded Funds Higher, US Equities Mixed Around Midday Monday
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Exchange-Traded Funds Higher, US Equities Mixed Around Midday Monday
Jun 24, 2024 10:39 AM

01:03 PM EDT, 06/24/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds, including IWM and IVV, were higher. Actively-traded Invesco QQQ Trust (QQQ) was down 0.5%.

US equity indexes traded mixed by Monday afternoon as the Nasdaq Composite fell after shares of Nvidia ( NVDA ) extended last week's decline.

Energy

iShares US Energy ETF (IYE) added 2.4% and Energy Select Sector SPDR (XLE) climbed 2.4%.

Technology

Technology Select Sector SPDR ETF (XLK) dropped 1.5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) fell 0.6% while iShares PHLX Semiconductor (SOXX) contracted 1.7%.

Financial

Financial Select Sector SPDR (XLF) rose 1.3%. Direxion Daily Financial Bull 3X shares (FAS) were up nearly 3.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 3.9%.

Commodities

Crude was up 1.1%; United States Oil Fund (USO) rose 1.2%. Natural gas was up 2.1% and the United States Natural Gas Fund (UNG) added 2.6%.

Gold was up 0.5% based on Comex, and SPDR Gold Shares (GLD) edged up 0.4%. Silver was down 0.2% and iShares Silver Trust (SLV) dipped 0.1%.

Consumer

Consumer Staples Select Sector SPDR (XLP) gained 0.9%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.

Consumer Discretionary Select Sector SPDR (XLY) was down 0.1%; retail funds VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were higher.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.8% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were mixed, with the latter trading higher. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was up 2%.

Industrial

Select Sector SPDR-Industrial (XLI) added 1.1% and other industrial funds iShares U.S. Industrials (IYJ), and Vanguard Industrials (VIS) were higher.

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