08:40 AM EST, 11/11/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.5% lower in Tuesday's premarket activity as investors still assess the impacts of the US government shutdown.

US stock futures were mixed, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures gaining 0.1%, and Nasdaq futures retreating 0.5% before the start of regular trading.

The National Federation of Independent Business's monthly Small Business Optimism Index fell to a reading of 98.2 in October from 98.8 in September but was above a reading of 93.7 a year earlier.

US Federal Reserve Governor Michael Barr speaks at 10:25 pm ET about artificial intelligence and innovation at the Singapore FinTech Festival.

In premarket activity, bitcoin was down by 0.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.8% lower, Ether ETF (EETH) rose 0.3%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.

Power Play:

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.2%. The Vanguard Health Care Index Fund ( VHT ) was up 0.1%, while the iShares US Healthcare ETF ( IYH ) was flat. The iShares Biotechnology ETF (IBB) was down 0.3%.

EnGene Holdings ( ENGN ) shares were up 55% before the bell on Tuesday, after it said that additional preliminary data from the pivotal cohort of its phase 2 study of detalimogene voraplasmid showed an improved complete response rate of 62% in six months for patients with high-risk, Bacillus Calmette-Guerin unresponsive non-muscle invasive bladder cancer patients with carcinoma in situ.

Winners and Losers:

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.4%, and the iShares US Technology ETF ( IYW ) was 0.5% lower. The iShares Expanded Tech Sector ETF ( IGM ) was down 0.2%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF (XSD) slipped 0.1%, while the iShares Semiconductor ETF (SOXX) was 0.9% lower.

BigBear.ai ( BBAI ) shares were up 18% in recent Tuesday premarket activity, a day after it reported a narrower Q3 net loss.

Consumer

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

Paramount Skydance ( PSKY ) shares were 5% higher before the opening bell on Tuesday, a day after it issued a better-than-expected Q4 revenue guidance.

Financial

Financial Select Sector SPDR Fund (XLF) advanced 0.1%. Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.3%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.3% lower.

Sea (SE) stock was down 4.3% before Tuesday's bell, after the company reported lower-than-expected Q3 earnings.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) was marginally up by 0.04% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

Anglogold Ashanti ( AU ) stock was 2.4% higher before Tuesday's bell, after the company posted higher Q3 headline earnings and gold income.

Energy

The iShares US Energy ETF ( IYE ) gained 2%, while the Energy Select Sector SPDR Fund ( XLE ) was up by 0.3%.

Venture Global ( VG ) shares were down 1.8% pre-bell Tuesday, after a Reuters report that Shell (SHEL) is challenging the company's earlier win in an arbitration case over the latter's failure to deliver liquefied natural gas under long-term contracts while selling on the spot market as prices surged following the outbreak of the war in Ukraine.

Commodities

Front-month US West Texas Intermediate crude oil advanced 0.6% to $60.46 per barrel on the New York Mercantile Exchange. Natural gas was down by 0.1% at $4.33 per 1 million British Thermal Units. The United States Oil Fund ( USO ) gained by 0.6%, while the United States Natural Gas Fund ( UNG ) fell 1.4%.

Gold futures for December gained by 0.6% to reach $4,147.30 an ounce on the Comex, and silver futures were up 1.4% at $51.03 an ounce. SPDR Gold Shares ( GLD ) advanced by 0.6%, and the iShares Silver Trust ( SLV ) was 1.3% higher.