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Exchange-Traded Funds, US Equities Higher After Midday Tuesday
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Exchange-Traded Funds, US Equities Higher After Midday Tuesday
Feb 4, 2025 10:30 AM

01:12 PM EST, 02/04/2025 (MT Newswires) -- Broad Market Indicators

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

US equity indexes were also up after midday trading Tuesday following China's announcement of retaliatory tariffs on some US products.

Energy

iShares US Energy ETF (IYE) gained 1.8% and Energy Select Sector SPDR (XLE) climbed 2%.

Technology

Technology Select Sector SPDR ETF (XLK) was up 1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were also advancing.

SPDR S&P Semiconductor (XSD) was 0.9% higher, and iShares Semiconductor (SOXX) added 0.6%.

Financial

Financial Select Sector SPDR (XLF) eased 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) dropped 0.5%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) rose 0.7%.

Commodities

Crude oil was down 0.7%, and the United States Oil Fund (USO) lost 0.3%. Natural gas fell 1.6%, and the United States Natural Gas Fund (UNG) shed 1.8%.

Gold was up 0.7% on Comex, and SPDR Gold Shares (GLD) rose 1%. Silver advanced 1.4%, and iShares Silver Trust (SLV) jumped 2.6%.

Consumer

Consumer Staples Select Sector SPDR (XLP) was 0.7% lower; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were also in the red.

Consumer Discretionary Select Sector SPDR (XLY) added 0.7%; retail fund VanEck Vectors Retail ETF (RTH) advanced 1.1%, and SPDR S&P Retail (XRT) gained 1.3%.

Health Care

Health Care Select Sector SPDR (XLV) dipped 0.5%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were also retreating. IShares Biotechnology ETF (IBB) rose 0.5%.

Industrial

Select Sector SPDR-Industrial (XLI) was 0.1% higher, while Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were mixed with the latter down 0.2%.

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