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Exchange-Traded Funds Mixed, US Equities Advance After Midday
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Exchange-Traded Funds Mixed, US Equities Advance After Midday
May 29, 2026 10:23 AM

01:10 PM EDT, 05/29/2026 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded fund IWM declined, while IVV gained. Actively traded Invesco QQQ Trust (QQQ) rose 0.5%.

US equity indexes were higher after midday Friday amid a surge in technology names, and as President Donald Trump appeared close to announcing his decision on a preliminary Iran peace agreement.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each lost about 1.1%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) was 2.1% higher; iShares US Technology ETF (IYW) rose 1.4%, and iShares Expanded Tech Sector ETF (IGM) was up 1.6%.

The State Street SPDR S&P Semiconductor (XSD) dropped 2.8%, and iShares Semiconductor (SOXX) edged up 0.1%.

Financial

The State Street Financial Select Sector SPDR (XLF) rose 0.8%. Direxion Daily Financial Bull 3X Shares (FAS) climbed up 2.4%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 2.4%.

Commodities

Crude oil fell 2.8%, and the United States Oil Fund (USO) slipped 2.9%. Natural gas climbed up 1.5%, and the United States Natural Gas Fund (UNG) was up 1.6%.

Gold on Comex added 1.6%, and the State Street SPDR Gold Shares (GLD) rose 1.5%. Silver gained 0.4%, and iShares Silver Trust (SLV) was up 0.2%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) lost 1.5%. The Vanguard Consumer Staples ETF (VDC) fell 1.7%, and iShares Dow Jones US Consumer Goods (IYK) was up 1.1%.

The State Street Consumer Discretionary Select Sector SPDR (XLY) dipped 0.6%. VanEck Retail ETF (RTH) slipped 1.4%, and the State Street SPDR S&P Retail (XRT) fell 1.8%.

Healthcare

The State Street Health Care Select Sector SPDR (XLV) shed 0.9%, iShares US Healthcare (IYH) fell 0.8%, and Vanguard Health Care ETF (VHT) was down 0.7%. IShares Biotechnology ETF (IBB) rose 0.3%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) lost 0.1%. Vanguard Industrials Index Fund (VIS) fell 0.2%, while iShares US Industrials (IYJ) rose 0.1%.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) rose 0.9%. Among cryptocurrency ETFs, ProShares Bitcoin ETF ( BITO ) added 0.7%, ProShares Ether ETF ( EETH ) gained 1.2%, and ProShares Bitcoin & Ether Market Cap Weight ETF ( BETH ) was 0.7% higher.

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