12:57 PM EDT, 08/14/2024 (MT Newswires) -- Broad Market Indicators
Broad-market exchange-traded fund IWM and IVV were mixed with the latter trading higher. Actively traded Invesco QQQ Trust (QQQ) lost 0.3%.
US equity indexes traded mixed in midday trading on Wednesday following in-line inflation for July month-over-month.
Energy
iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both rose 0.6%.
Technology
Technology Select Sector SPDR ETF (XLK) added 0.1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were declining.
SPDR S&P Semiconductor (XSD) was down 1.2% and iShares Semiconductor (SOXX) was 0.8% lower.
Financial
Financial Select Sector SPDR (XLF) added 0.9%. Direxion Daily Financial Bull 3X Shares (FAS) gained 2.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) dropped 2.6%.
Commodities
Crude fell about 1.1%; United States Oil Fund (USO) lost 0.7%. Natural gas rose 4.5% and the United States Natural Gas Fund (UNG) was 3.7% up.
Gold was down 1.2% based on Comex, and SPDR Gold Shares (GLD) fell 0.9%. Silver was 1.8% down and iShares Silver Trust (SLV) dropped 2%.
Consumer
Consumer Staples Select Sector SPDR (XLP) gained 0.6%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.
Consumer Discretionary Select Sector SPDR (XLY) dropped 0.7%; retail fund VanEck Vectors Retail ETF (RTH) was higher, while SPDR S&P Retail (XRT) was declining.
Health Care
Health Care Select Sector SPDR (XLV) advanced 0.2%; iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were higher. iShares NASDAQ Biotechnology ETF (IBB) fell 0.8%.
Industrial
Select Sector SPDR-Industrial (XLI) was up 0.1%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were higher.