12:58 PM EDT, 06/04/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds, including IWM and IVV, were trading lower on Tuesday. Actively-traded Invesco QQQ Trust (QQQ) was down 0.4%.

US benchmark stock indexes mostly were trading lower midday, while government bond yields and crude oil were declining, following a steeper-than-anticipated drop in job openings weighed on investor sentiment.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both lost 1.5%.

Technology

Technology Select Sector SPDR ETF (XLK) was down 0.2%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) fell 1.8% while iShares PHLX Semiconductor (SOXX) contracted 1.4%.

Financial

Financial Select Sector SPDR (XLF) declined 0.8%. Direxion Daily Financial Bull 3X shares (FAS) was down 2.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 2.5%.

Commodities

Crude was down 1.2%; United States Oil Fund (USO) fell 1%. Natural gas was down 3% and the United States Natural Gas Fund (UNG) moved down 3.2%.

Gold was down 1% based on Comex, and SPDR Gold Shares (GLD) fell 1%. Silver was down 4% and iShares Silver Trust (SLV) decreased 3.7%.

Consumer

Consumer Staples Select Sector SPDR (XLP) was up 0.8%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.

Consumer Discretionary Select Sector SPDR (XLY) slid 0.3%; retail funds VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were lower.

Health Care

Health Care Select Sector SPDR (XLV) was up less than 0.1% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were mixed with VHT lower. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was down less than 0.1%.

Industrial

Select Sector SPDR-Industrial (XLI) fell 0.7% while other industrial funds iShares U.S. Industrials (IYJ), and Vanguard Industrials (VIS) were lower.