01:00 PM EDT, 07/12/2024 (MT Newswires) -- Broad Market Indicators
Broad-market exchange-traded funds, including IWM and IVV, were higher. Actively traded Invesco QQQ Trust (QQQ) rose 0.8%.
US equity indexes rose as investors weighed a higher-than-expected producer price inflation print for June alongside a surprise decline in a consumer sentiment gauge for July.
Energy
iShares US Energy ETF (IYE) added 0.1% and Energy Select Sector SPDR (XLE) rose fractionally.
Technology
Technology Select Sector SPDR ETF (XLK) was up 1.1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher.
SPDR S&P Semiconductor (XSD) rose 1.8% and iShares Semiconductor (SOXX) moved 1.8% higher.
Financial
Financial Select Sector SPDR (XLF) climbed 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) dipped 1.3%.
Commodities
Crude rose 0.1%; United States Oil Fund (USO) lost 0.5%. Natural gas climbed 1.9% and the United States Natural Gas Fund (UNG) rose 2.2%.
Gold was down 0.1% based on Comex, and SPDR Gold Shares (GLD) rose 0.1%. Silver fell 1.4% and iShares Silver Trust (SLV) dropped 1.4%.
Consumer
Consumer Staples Select Sector SPDR (XLP) added 0.7%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.
Consumer Discretionary Select Sector SPDR (XLY) was up 1.4%; retail funds VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were higher.
Health Care
Health Care Select Sector SPDR (XLV) rose 0.6% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were higher. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) added 0.6%.
Industrial
Select Sector SPDR-Industrial (XLI) gained 0.8% and other industrial funds iShares U.S. Industrials (IYJ) and Vanguard Industrials (VIS) were higher.