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Exchange-Traded Funds Rise, US Equities Mixed After Midday
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Exchange-Traded Funds Rise, US Equities Mixed After Midday
Jun 2, 2025 10:22 AM

01:10 PM EDT, 06/02/2025 (MT Newswires) -- Broad Market Indicators

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

US equity indexes were mixed after midday on Monday as a souring of international trade policy developments undermined risk sentiment.

Energy

iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each added about 1.4%.

Technology

Technology Select Sector SPDR ETF (XLK) gained 0.4%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also advanced.

SPDR S&P Semiconductor (XSD) climbed 0.6%, and iShares Semiconductor (SOXX) rose 0.8%.

Financial

Financial Select Sector SPDR (XLF) slipped 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) fell 1.7%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), rose 1.8%.

Commodities

Crude oil added 3.8%, and the United States Oil Fund (USO) was up 3.7%. Natural gas advanced 7.6%, and the United States Natural Gas Fund (UNG) was 6.6% higher.

Gold was up 2.5% on Comex, and SPDR Gold Shares (GLD) rose 2.4%. Silver added 4.9%, and iShares Silver Trust (SLV) gained 4.4%.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 0.6%; Vanguard Consumer Staples ETF (VDC) and the iShares Dow Jones US Consumer Goods (IYK) were also lower.

Consumer Discretionary Select Sector SPDR (XLY) lost 0.7%; VanEck Retail ETF (RTH) was down 0.2%, while SPDR S&P Retail (XRT) fell 0.3%.

Health Care

Health Care Select Sector SPDR (XLV) dipped 0.3%. iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also declined. iShares Biotechnology ETF (IBB) rose 1.9%.

Industrial

Industrial Select Sector SPDR (XLI) was down 0.8%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red.

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