01:01 PM EDT, 09/25/2024 (MT Newswires) -- Broad Market Indicators
Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) gained 0.1%.
US equity indexes traded mixed midday Wednesday as investors weighed housing market data amid a surge in gold prices to a fresh record high intraday.
Energy
iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both lost about 1.8%.
Technology
Technology Select Sector SPDR ETF (XLK) rose 0.3%; iShares US Technology ETF (IYW) added 0.3% while iShares Expanded Tech Sector ETF (IGM) gained 0.2%.
SPDR S&P Semiconductor (XSD) fell marginally and iShares Semiconductor (SOXX) added 0.6%.
Financial
Financial Select Sector SPDR (XLF) fell 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) dropped 2.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) rose 2.1%.
Commodities
Crude oil was down 2.5%; United States Oil Fund (USO) fell 2.6%. Natural gas rose 1.2%, and the United States Natural Gas Fund (UNG) edged up 0.4%.
Gold gained 0.1% on Comex, and SPDR Gold Shares (GLD) fell 0.5%. Silver was 1% lower, and iShares Silver Trust (SLV) fell 1.9%.
Consumer
Consumer Staples Select Sector SPDR (XLP) dropped 0.1%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were lower.
Consumer Discretionary Select Sector SPDR (XLY) fell 0.6%; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were lower.
Health Care
Health Care Select Sector SPDR (XLV) was down 0.7%; iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. iShares NASDAQ Biotechnology ETF (IBB) declined 0.8%.
Industrial
Select Sector SPDR-Industrial (XLI) shed 0.2%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were lower.