financetom
Market
financetom
/
Market
/
Exchange-Traded Funds, US Equities Decline After Midday Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds, US Equities Decline After Midday Friday
May 30, 2025 10:19 AM

01:08 PM EDT, 05/30/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV dropped. Actively traded Invesco QQQ Trust (QQQ) was down 1.4%.

US equity indexes fell after President Donald Trump accused China of breaching a preliminary trade agreement, with his tirade coming a day after a federal appeals court agreed to stay a ruling that blocked the bulk of import tariffs.

Energy

iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each fell 1.3%.

Technology

Technology Select Sector SPDR ETF (XLK) dipped 1.5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also fell.

SPDR S&P Semiconductor (XSD) dropped 4%, and iShares Semiconductor (SOXX) declined 3.5%.

Financial

Financial Select Sector SPDR (XLF) slipped 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) fell 1.6%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), rose 1.5%.

Commodities

Crude oil dipped 1.3%, and the United States Oil Fund (USO) was down 0.9%. Natural gas fell 1.7%, and the United States Natural Gas Fund (UNG) lost 1.5%.

Gold was 1% lower on Comex, and SPDR Gold Shares (GLD) fell 0.7%. Silver was down 1.5%, and iShares Silver Trust (SLV) lost 1.5%.

Consumer

Consumer Staples Select Sector SPDR (XLP) added 0.8%; Vanguard Consumer Staples ETF (VDC) and the iShares Dow Jones US Consumer Goods (IYK) also edged higher.

Consumer Discretionary Select Sector SPDR (XLY) fell 1.1%; VanEck Retail ETF (RTH) was up 0.3%, while SPDR S&P Retail (XRT) was down 0.4%.

Health Care

Health Care Select Sector SPDR (XLV) dropped 0.1%, iShares US Healthcare (IYH), and Vanguard Health Care ETF (VHT) also declined. iShares Biotechnology ETF (IBB) dropped 2.7%.

Industrial

Industrial Select Sector SPDR (XLI) was down 0.4%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red.

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 >
Royal Caribbean raises annual profit target on strong demand, lower fuel costs
Royal Caribbean raises annual profit target on strong demand, lower fuel costs
May 25, 2025
April 29 (Reuters) - Royal Caribbean raised its annual profit forecast on Tuesday, benefiting from strong bookings and lower fuel costs, sending the cruise operator's shares up about 5% in premarket trading. Growing interest in high-end leisure travel among higher-income consumers, especially millennials and Gen Z, has boosted the cruise industry, with bookings surpassing historical levels in the recent past....
POET Technologies Shares Up 2% in U.S. Pre-market on Planned US$25 Million Unit Offering
POET Technologies Shares Up 2% in U.S. Pre-market on Planned US$25 Million Unit Offering
May 25, 2025
08:56 AM EDT, 04/28/2025 (MT Newswires) -- POET Technologies ( POET ) traded 1.7% higher at last look Monday in Nasdaq pre-market trading as the company announced its plan to launch a US$25 million unit offering. The offering will comprise 5 million units priced at US$5.00 apiece. Each unit comprises one share and one warrant. Each warrant is exercisable at...
Big tech earnings, US jobs data highlight busy week for markets
Big tech earnings, US jobs data highlight busy week for markets
May 25, 2025
NEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the prospect of global trade developments threatens to cause volatility at any time. The monthly U.S. employment report, data on first-quarter U.S. economic growth and an inflation update add to...
Wall St Week Ahead-Big tech earnings, US jobs data highlight busy week for markets
Wall St Week Ahead-Big tech earnings, US jobs data highlight busy week for markets
May 25, 2025
* Huge week of results, including Apple ( AAPL ), Microsoft ( MSFT ), Amazon ( AMZN ) * Monthly jobs data, PCE inflation report also on tap * Tariff developments set to remain in market's focus By Lewis Krauskopf NEW YORK, April 25 (Reuters) - A packed upcoming week for markets will test a U.S. stocks rebound, with investors...
Copyright 2023-2026 - www.financetom.com All Rights Reserved