financetom
Market
financetom
/
Market
/
Exchange-Traded Funds, US Equities Fall After Midday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds, US Equities Fall After Midday Trading
Oct 22, 2024 1:00 PM

01:15 PM EDT, 10/21/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was fractionally lower.

US equity indexes fell amid surging government bond yields and crude oil futures in midday trading on Monday.

Energy

iShares US Energy ETF (IYE) fell 0.3% and Energy Select Sector SPDR (XLE) shed 0.2%.

Technology

Technology Select Sector SPDR ETF (XLK) was down 0.1%; iShares US Technology ETF (IYW) was 0.1% down, while iShares Expanded Tech Sector ETF (IGM) was fractionally lower.

SPDR S&P Semiconductor (XSD) lost 1%, and iShares Semiconductor (SOXX) fell 0.9%.

Financial

Financial Select Sector SPDR (XLF) was 0.6% lower. Direxion Daily Financial Bull 3X Shares (FAS) dropped 2.1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) climbed 2.1%.

Commodities

Crude oil rose 2%; United States Oil Fund (USO) gained 1.6%. Natural gas edged up 2.7% higher, and the United States Natural Gas Fund (UNG) added 0.8%.

Gold climbed 0.3% on Comex, and SPDR Gold Shares (GLD) rose 0.4%. Silver gained 2.5%, while iShares Silver Trust (SLV) advanced 0.8%.

Consumer

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

Consumer Discretionary Select Sector SPDR (XLY) edged 0.8% lower; retail fund VanEck Vectors Retail ETF (RTH) shed 0.7%, while SPDR S&P Retail (XRT) lost 1.1%.

Health Care

Health Care Select Sector SPDR (XLV) dipped 0.8%; iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. iShares NASDAQ Biotechnology ETF (IBB) was down 1.2%.

Industrial

Select Sector SPDR-Industrial (XLI) dropped 0.3%, while Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were lower.

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 >
Sector Update: Energy
Sector Update: Energy
Mar 14, 2024
03:24 PM EDT, 03/14/2024 (MT Newswires) -- Energy stocks rose late Thursday afternoon with the NYSE Energy Sector Index increasing 0.3% and the Energy Select Sector SPDR Fund (XLE) up 0.6%. The Philadelphia Oil Service Sector index gained 0.6%, and the Dow Jones US Utilities index fell 1.4%. West Texas Intermediate crude oil rose 1.9% to $81.21 a barrel, and...
Stock Disconnect Triggers Investor Exodus From CStone Pharma
Stock Disconnect Triggers Investor Exodus From CStone Pharma
Mar 14, 2024
Chinese drug maker CStone Pharmaceuticals (2616.HK) is having to swallow a bitter pill after being dropped from a system that gives mainland investors access to Hong Kong stocks. The reaction was swift and painful after the company lost its status as a Hang Seng index component and was therefore ejected from the Stock Connect list. After the news broke, the share was...
Sector Update: Financial
Sector Update: Financial
Mar 14, 2024
03:27 PM EDT, 03/14/2024 (MT Newswires) -- Financial stocks declined in late Thursday afternoon trading with the NYSE Financial Index shedding 1.4% and the Financial Select Sector SPDR Fund (XLF) dropping 1.2%. The Philadelphia Housing Index slumped 3%, and the Real Estate Select Sector SPDR Fund (XLRE) declined 2.1%. Bitcoin (BTC-USD) dropped 4.5% to $69,822, and the yield for 10-year...
US STOCKS-Wall St eases after PPI data as chipmakers fall
US STOCKS-Wall St eases after PPI data as chipmakers fall
Mar 14, 2024
* US retail sales rebound in Feb; weekly jobless claims fall * Gasoline, food boost US producer prices in February * Indexes down: Dow 0.4%, S&P 500 0.2%, Nasdaq 0.1% (Updates to 1430 ET) By Caroline Valetkevitch NEW YORK, March 14 (Reuters) - U.S. stocks edged lower on Thursday, with chipmaker stocks extending losses for a second day, as a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved