financetom
Market
financetom
/
Market
/
Exchange-Traded Funds, US Equities Lower After Midday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds, US Equities Lower After Midday Trading
Jan 7, 2025 10:30 AM

01:10 PM EST, 01/07/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded fund IWM and IVV retreated. Actively traded Invesco QQQ Trust (QQQ) fell 1.4%.

US equity indexes were also lower in midday trading Tuesday, with heavyweights in communication services and technology sectors declining.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) each advanced 1.5%.

Technology

Technology Select Sector SPDR ETF (XLK) was 1.4% down; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were also in the red.

SPDR S&P Semiconductor (XSD) eased 0.6%, and iShares Semiconductor (SOXX) dipped 0.5%.

Financial

Financial Select Sector SPDR (XLF) edged up 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) rose 1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) fell 1%.

Commodities

Crude oil was up 1%, and the United States Oil Fund (USO) climbed 1.2%. Natural gas slumped 4.7%, and the United States Natural Gas Fund (UNG) tumbled 5.9%.

Gold was 0.7% higher on Comex, and SPDR Gold Shares (GLD) added 0.6%. Silver added 0.1%, and iShares Silver Trust (SLV) gained 0.5%.

Consumer

Consumer Staples Select Sector SPDR (XLP) edged down 0.1%; Vanguard Consumer Staples ETF (VDC) eased 0.1%, while iShares Dow Jones US Consumer Goods (IYK) gained 0.2%.

Consumer Discretionary Select Sector SPDR (XLY) lost 1.6%; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were also retreating.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.6%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were also advancing. IShares Biotechnology ETF (IBB) climbed 1.2%.

Industrial

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

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 >
Wall Street girds for market impact of Trump tariffs
Wall Street girds for market impact of Trump tariffs
Feb 2, 2025
NEW YORK (Reuters) -Global markets buckled up for a turbulent session on Monday after U.S. President Donald Trump launched a trade war with sweeping tariffs on Canada, Mexico and China that threaten to undermine economic growth and reignite inflation. U.S. stock futures slumped in early Asian hours, with Nasdaq futures down 2.35% and S&P 500 futures 1.8% lower. Canadian Prime...
JGB yields rise as markets weigh impact of US tariffs
JGB yields rise as markets weigh impact of US tariffs
Feb 2, 2025
TOKYO, Feb 3 (Reuters) - Medium- and long-term Japanese government bond (JGB) yields climbed to their highest in over a decade on Monday as market players weighed U.S. tariffs on Mexico, Canada and China, and their potential impact on the global economy. The 10-year JGB yield rose to its highest since April 2011 at 1.26% in early trade before sliding...
Wall St Week Ahead-Tech sell-off jolts investors as jobs data looms
Wall St Week Ahead-Tech sell-off jolts investors as jobs data looms
Feb 2, 2025
NEW YORK, Jan 31 (Reuters) - U.S. investors rattled by this week's sharp tech sell-off will closely watch upcoming jobs data for signs of continued economic resilience, which could fuel inflationary concerns already stoked by President Donald Trump's policies. The January nonfarm payrolls report due next week will signal whether the labor market remains buoyant despite high borrowing costs. The...
TREASURIES-Treasury futures dip as US tariffs raise inflation risks
TREASURIES-Treasury futures dip as US tariffs raise inflation risks
Feb 2, 2025
SINGAPORE, Feb 3 (Reuters) - Treasury futures slipped and traders lowered expectations for U.S. interest rate cuts on Monday, figuring tariffs on the country's top trading partners risked stoking inflation. Ten-year U.S. Treasury futures were down about 3 ticks in early trade, giving an implied yield of 4.57% - not far from where the cash market closed in New York...
Copyright 2023-2026 - www.financetom.com All Rights Reserved