01:15 PM EDT, 06/04/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded fund IWM declined and IVV rose. Actively traded Invesco QQQ Trust (QQQ) was up 0.3%.

US equity indexes rose in midday trading Wednesday following an increase in the probability of interest-rate cuts later this year after a services index signaled contraction.

Energy

iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each shed about 1.6%.

Technology

Technology Select Sector SPDR ETF (XLK) added 0.1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) advanced.

SPDR S&P Semiconductor (XSD) climbed 2.1%, and iShares Semiconductor (SOXX) rose 1.5%.

Financial

Financial Select Sector SPDR (XLF) dipped 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) fell 0.5%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), rose 0.6%.

Commodities

Crude oil fell 1.1%, and the United States Oil Fund (USO) was down by 1%. Natural gas dipped 0.5%, and the United States Natural Gas Fund (UNG) was 0.8% lower.

Gold was up 0.7% on Comex, and SPDR Gold Shares (GLD) rose 0.6%. Silver lost 0.1%, and iShares Silver Trust (SLV) dropped 0.4%.

Consumer

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

Consumer Discretionary Select Sector SPDR (XLY) lost less than 0.1%; VanEck Retail ETF (RTH) was down fractionally, while SPDR S&P Retail (XRT) fell 0.4%.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.8%. iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also edged higher. iShares Biotechnology ETF (IBB) added 1%.

Industrial

Industrial Select Sector SPDR (XLI) was up 0.4%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) rose as well.