12:59 PM EDT, 08/06/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded fund IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) rose 2.3%.

US equity indexes rebounded from Monday's sharp selloff amid a move higher in government bond yields and a drop in volatility.

Energy

iShares US Energy ETF (IYE) was up 1.2% and Energy Select Sector SPDR (XLE) was 1.3% firmer.

Technology

Technology Select Sector SPDR ETF (XLK) climbed 3.2%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were also higher.

SPDR S&P Semiconductor (XSD) added 1.9% and iShares Semiconductor (SOXX) advanced 3.1%.

Financial

Financial Select Sector SPDR (XLF) was up 2.s%. Direxion Daily Financial Bull 3X Shares (FAS) climbed 6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) dropped 6.4%.

Commodities

Crude was up 0.9%; United States Oil Fund (USO) dipped 0.4%. Natural gas climbed 2.8% and the United States Natural Gas Fund (UNG) was 2.6% higher.

Gold lost 0.7% based on Comex, and SPDR Gold Shares (GLD) was down 0.8%. Silver edged down 0.1% and iShares Silver Trust (SLV) shed 0.6%.

Consumer

Consumer Staples Select Sector SPDR (XLP) rose 1.6%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) also advanced.

Consumer Discretionary Select Sector SPDR (XLY) added 2%; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were also higher.

Health Care

Health Care Select Sector SPDR (XLV) rose 1.3%; iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also gained. iShares NASDAQ Biotechnology ETF (IBB) climbed 1.2%.

Industrial

Select Sector SPDR-Industrial (XLI) was up 2.1%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were also higher.