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Exchange-Traded Funds, US Equities Higher After Midday Trading
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Exchange-Traded Funds, US Equities Higher After Midday Trading
Dec 18, 2024 10:21 AM

01:08 PM EST, 12/18/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) declined 0.1%.

US equity indexes rose after midday Wednesday, with the Dow Jones Industrial Average leading the pack, as investors expect the Federal Reserve to shed more light on the state of its policy easing program.

Energy

iShares US Energy ETF (IYE) fell 0.1%, and Energy Select Sector SPDR (XLE) was down 0.3%.

Technology

Technology Select Sector SPDR ETF (XLK) rose 0.5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher.

SPDR S&P Semiconductor (XSD) gained 1.4%, and iShares Semiconductor (SOXX) added 1.1%.

Financial

Financial Select Sector SPDR (XLF) was up 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) rose 0.7%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) fell 0.4%.

Commodities

Crude oil was up 1.1%, and the United States Oil Fund (USO) rose 0.6%. Natural gas gained 2.2%, while the United States Natural Gas Fund (UNG) added 0.2%.

Gold was down 0.3% on Comex, and SPDR Gold Shares (GLD) fell 0.2%. Silver dropped 0.7%, while iShares Silver Trust (SLV) dipped 1%.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 0.3%; Vanguard Consumer Staples ETF (VDC) lost 0.3% while iShares Dow Jones US Consumer Goods (IYK) was down 0.1%.

Consumer Discretionary Select Sector SPDR (XLY) was 0.3% lower; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were higher.

Health Care

Health Care Select Sector SPDR (XLV) added 0.4%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were also higher. IShares NASDAQ Biotechnology ETF (IBB) lost 0.4%.

Industrial

Select Sector SPDR-Industrial (XLI) fell less than 0.1%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were edging higher.

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