financetom
Market
financetom
/
Market
/
Exchange-Traded Funds Rise as US Equities Advance After Midday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds Rise as US Equities Advance After Midday
Aug 4, 2026 10:28 AM

01:12 PM EDT, 08/04/2026 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) added 3%.

US equity indexes rose as earnings helped boost technology while a slide in crude oil and government bond yields reflected confidence that Iran is nearing a deal that would reopen the Strait of Hormuz.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each lost 0.2%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) gained 4.9%; iShares US Technology ETF (IYW) rose 3.9%, and iShares Expanded Tech Sector ETF (IGM) added 4.1%.

The State Street SPDR S&P Semiconductor (XSD) was up 6.2%, and iShares Semiconductor (SOXX) jumped 6.8%.

Financial

The State Street Financial Select Sector SPDR (XLF) rose 1%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 2.9%.

Commodities

Crude oil declined 5.2%, and the United States Oil Fund (USO) fell 4.9%. Natural gas shed 3.7%, and the United States Natural Gas Fund (UNG) eased 3.5%.

Gold on Comex added 1.4%, and the State Street SPDR Gold Shares (GLD) rose 1.2%. Silver gained 3.8%, and iShares Silver Trust (SLV) was up 3.3%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) rose fractionally. The Vanguard Consumer Staples ETF (VDC) slipped less than 0.1%, and iShares Dow Jones US Consumer Goods (IYK) rose 0.1%.

The State Street Consumer Discretionary Select Sector SPDR (XLY) rose fractionally. VanEck Retail ETF (RTH) dipped 0.2%, and the State Street SPDR S&P Retail (XRT) gained 1.2%.

Healthcare

The State Street Health Care Select Sector SPDR (XLV) declined 0.1%, iShares US Healthcare (IYH) fell fractionally, and Vanguard Health Care ETF (VHT) added 0.1%. IShares Biotechnology ETF (IBB) was up 1.6%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) rose 1.6%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were also higher.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) added 0.1%. Among cryptocurrency ETFs, ProShares Bitcoin ETF ( BITO ) rose 0.4%, ProShares Ether ETF ( EETH ) was down 0.2%, and ProShares Bitcoin & Ether Market Cap Weight ETF ( BETH ) was 1.4% higher.

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 >
US STOCKS-Wall Street indexes end higher, helped by Tesla, megacap growth stocks
US STOCKS-Wall Street indexes end higher, helped by Tesla, megacap growth stocks
Jul 2, 2024
* Tesla soars after Q2 delivery data * Paramount Global ( PARAA ) gains on possible IAC bid * Fed Chair Powell says risks becoming more balanced * US job openings rise in May * Indexes up; Dow 0.41%, S&P 0.62%, Nasdaq 0.84% (Adds market details after close of trading) By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar July...
S&P 500, Nasdaq Close at Record Highs After Fed Chair Powell's Comments
S&P 500, Nasdaq Close at Record Highs After Fed Chair Powell's Comments
Jul 2, 2024
04:44 PM EDT, 07/02/2024 (MT Newswires) -- The S&P 500 and the Nasdaq Composite closed at record highs Tuesday after Federal Reserve Chair Jerome Powell said policymakers have made progress in bringing inflation down. The tech-heavy Nasdaq rose 0.8% to 18,028.8, following a record close in the previous session, while the S&P 500 gained 0.6% to 5,509. The Dow Jones...
Everspin Technologies Joins Russell 2000 Index
Everspin Technologies Joins Russell 2000 Index
Jul 2, 2024
05:28 PM EDT, 07/02/2024 (MT Newswires) -- Everspin Technologies ( MRAM ) said late Tuesday it joined the Russell 2000 index, effective Monday. Investment managers and institutional investors use the Russell indexes as benchmarks for active investment strategies. ...
Sector Update: Health Care
Sector Update: Health Care
Jul 2, 2024
03:39 PM EDT, 07/02/2024 (MT Newswires) -- Health care stocks were softer late Tuesday afternoon, with the NYSE Health Care Index down 0.5% and the Health Care Select Sector SPDR Fund (XLV) decreasing 0.4%. The iShares Biotechnology ETF (IBB) fell 0.7%. In corporate news, Eli Lilly ( LLY ) said Tuesday the US Food and Drug Administration approved Kisunla for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved