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Exchange-Traded Funds, US Equities Lower After Midday Friday
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Exchange-Traded Funds, US Equities Lower After Midday Friday
Feb 21, 2025 10:34 AM

01:12 PM EST, 02/21/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was down 1.1%.

US equity indexes fell in midday trading Friday after a consumer sentiment gauge was revised lower while private sector output growth unexpectedly slowed.

Energy

iShares US Energy ETF (IYE) lost 0.8%, and Energy Select Sector SPDR (XLE) fell 0.7%.

Technology

Technology Select Sector SPDR ETF (XLK) was 1.3% down; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) lost 1.7%, and iShares Semiconductor (SOXX) was down 2.2%.

Financial

Financial Select Sector SPDR (XLF) fell 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) fell 2.1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) rose 2.4%.

Commodities

Crude oil declined 2.1%, and the United States Oil Fund (USO) dipped 2.1%. Natural gas rose 4.4%, and the United States Natural Gas Fund (UNG) added 2.3%.

Gold was down 0.1% on Comex, and SPDR Gold Shares (GLD) edged up 0.1%. Silver lost 1.3%, and iShares Silver Trust (SLV) fell 0.6%.

Consumer

Consumer Staples Select Sector SPDR (XLP) rose 0.6%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.

Consumer Discretionary Select Sector SPDR (XLY) was down 1.9%; retail fund VanEck Vectors Retail ETF (RTH) lost 1.2%, and SPDR S&P Retail (XRT) dropped 2.9%.

Health Care

Health Care Select Sector SPDR (XLV) eased 0.4%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. IShares Biotechnology ETF (IBB) fell 0.1%.

Industrial

Select Sector SPDR-Industrial (XLI) was down 1.6%, and Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red.

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