financetom
Market
financetom
/
Market
/
Exchange-Traded Funds Mixed, US Equities Down; Gold Surges to New Record High
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds Mixed, US Equities Down; Gold Surges to New Record High
Apr 9, 2024 10:31 AM

01:00 PM EDT, 04/09/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds, including IWM and IVV, were mixed, with the latter trading lower. Actively-traded Invesco QQQ Trust (QQQ) was fractionally lower.

US benchmark stock indexes declined with government bond yields, while gold surged to a new record in midday trading on Tuesday.

Energy

iShares US Energy ETF (IYE) fell 0.4% and Energy Select Sector SPDR (XLE) slid 0.4%.

Technology

Technology Select Sector SPDR ETF (XLK) was fractionally up; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) increased 1.7% while iShares PHLX Semiconductor (SOXX) gained 0.3%.

Financial

Financial Select Sector SPDR (XLF) contracted 0.8%. Direxion Daily Financial Bull 3X shares (FAS) was down 2.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 2.2%.

Commodities

Crude was down 1%; United States Oil Fund (USO) fell 1%. Natural gas was up 1% and the United States Natural Gas Fund (UNG) increased 1%.

Gold was up 0.5% based on Comex, and SPDR Gold Shares (GLD) gained 0.3%. Silver was up 0.3% and iShares Silver Trust (SLV) rose 0.2%.

Consumer

Consumer Staples Select Sector SPDR (XLP) slid less than 0.1%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were mixed, with the latter trading lower.

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

Health Care

Health Care Select Sector SPDR (XLV) fell 0.1% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was up 0.7%.

Industrial

Select Sector SPDR-Industrial (XLI) dropped 0.6% while other industrial funds iShares U.S. Industrials (IYJ), and Vanguard Industrials (VIS) were lower.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TREASURIES-US yields climb as investors consider recession outlook; yield curve narrows
TREASURIES-US yields climb as investors consider recession outlook; yield curve narrows
Aug 29, 2024
NEW YORK, Aug 27 (Reuters) - U.S. Treasury yields rose on Tuesday, as investors assessed the likelihood that the U.S. economy will be able to avoid a recession and awaited a two-year note auction for signs of investor demand. The closely watched gap between yields on two- and 10-year Treasury notes, considered a gauge of growth expectations, reduced its inversion...
Wall Street opens lower on caution ahead of Nvidia results, economic data
Wall Street opens lower on caution ahead of Nvidia results, economic data
Aug 29, 2024
(Reuters) - Wall Street's main indexes opened lower on Tuesday as caution prevailed ahead of highly anticipated results from Nvidia and crucial economic data expected later in the week. The Dow Jones Industrial Average fell 54.24 points, or 0.13%, at the open to 41,186.28. The S&P 500 opened lower by 13.95 points, or 0.25%, at 5,602.89, while the Nasdaq Composite...
US STOCKS-Futures edge higher after Nvidia results; focus moves to upcoming data
US STOCKS-Futures edge higher after Nvidia results; focus moves to upcoming data
Aug 29, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Q2 GDP second estimate, jobless claims data due at 8:30 a.m. ET * CrowdStrike ( CRWD ) slips on FY forecast cut after global tech outage * Salesforce ( CRM ) gains after upbeat quarterly results * Futures: Dow...
Top Midday Stories: Paramount 'Go-Shop' Period Ends After Bronfman Withdraws Offer; NFL Expected to Vote in Favor of Private Equity Ownership
Top Midday Stories: Paramount 'Go-Shop' Period Ends After Bronfman Withdraws Offer; NFL Expected to Vote in Favor of Private Equity Ownership
Aug 29, 2024
11:56 AM EDT, 08/27/2024 (MT Newswires) -- All three major US stock indexes were down around midday trading Tuesday, as investors gear up for some significant earnings reports in the second half of the week. In company news, Paramount Global ( PARAA ) said late Monday the go-shop period under its merger agreement with Skydance Media has ended following the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved