01:13 PM EDT, 06/03/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) was up 1%.

US equity indexes rose after midday Tuesday as gains in the technology and consumer discretionary sectors helped offset a downgrade in economic growth projections to the weakest pace since the COVID-19 pandemic.

Energy

iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each added about 1.7%.

Technology

Technology Select Sector SPDR ETF (XLK) gained 1.4%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also advanced.

SPDR S&P Semiconductor (XSD) climbed 3.8%, and iShares Semiconductor (SOXX) rose 2.5%.

Financial

Financial Select Sector SPDR (XLF) advanced 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) rose 0.4%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), dipped 0.1%.

Commodities

Crude oil added 1.2%, and the United States Oil Fund (USO) was up 1%. Natural gas lost 0.1%, and the United States Natural Gas Fund (UNG) was 0.7% higher.

Gold was down 0.7% on Comex, and SPDR Gold Shares (GLD) fell 1.1%. Silver lost 0.4%, and iShares Silver Trust (SLV) dropped 0.9%.

Consumer

Consumer Staples Select Sector SPDR (XLP) slipped 0.2%; Vanguard Consumer Staples ETF (VDC) and the iShares Dow Jones US Consumer Goods (IYK) were also lower.

Consumer Discretionary Select Sector SPDR (XLY) added 1.3%; VanEck Retail ETF (RTH) was up 1%, while SPDR S&P Retail (XRT) rose 2%.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.2%. iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also edged higher. iShares Biotechnology ETF (IBB) added 1.2%.

Industrial

Industrial Select Sector SPDR (XLI) was up 0.7%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) rose as well.