12:56 PM EDT, 05/30/2024 (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 down 0.6%.

US benchmark stock indexes fell after midday Thursday following the second estimate for Q1 economic growth alongside weekly jobless claims data.

Energy

iShares US Energy ETF (IYE) rose 0.1% and Energy Select Sector SPDR (XLE) gained 0.1%.

Technology

Technology Select Sector SPDR ETF (XLK) was down 1.6%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) rose 0.8% while iShares PHLX Semiconductor (SOXX) fell 0.1%.

Financial

Financial Select Sector SPDR (XLF) gained 0.4%. Direxion Daily Financial Bull 3X shares (FAS) was up 1.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.4%.

Commodities

Crude was down 1.4%; United States Oil Fund (USO) fell 1.3%. Natural gas was down 2.1% and the United States Natural Gas Fund (UNG) declined 1.9%.

Gold was 0.1% higher based on Comex, and SPDR Gold Shares (GLD) gained 0.3%. Silver was down 2.7% and iShares Silver Trust (SLV) slid 2%.

Consumer

Consumer Staples Select Sector SPDR (XLP) gained 0.3%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.

Consumer Discretionary Select Sector SPDR (XLY) rose 0.4%; retail funds VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were higher.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.2% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were higher. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was up 0.4%.

Industrial

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