financetom
Market
financetom
/
Market
/
Exchange-Traded Funds, US Equities Rise After Midday Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds, US Equities Rise After Midday Trading
Nov 6, 2024 10:40 AM

01:04 PM EST, 11/06/2024 (MT Newswires) -- Broad Market Indicators

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

US equity indexes hit fresh intraday record highs, government bond yields surged, and the dollar strengthened after Republican presidential nominee Donald Trump beat his Democratic counterpart Kamala Harris in Tuesday's vote.

Energy

iShares US Energy ETF (IYE) rose 3.3% and Energy Select Sector SPDR (XLE) gained 3.7%.

Technology

Technology Select Sector SPDR ETF (XLK) rose 2.4%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) both climbed.

SPDR S&P Semiconductor (XSD) added 3.5% and iShares Semiconductor (SOXX) was up 2.3%.

Financial

Financial Select Sector SPDR (XLF) rose 5.8%. Direxion Daily Financial Bull 3X Shares (FAS) was 17.3% higher, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) dropped 17.4%.

Commodities

Crude oil was up 0.1%; United States Oil Fund (USO) dipped 0.1%. Natural gas rose 3.1%, and the United States Natural Gas Fund (UNG) climbed 3.4%.

Gold lost 2.7% on Comex, and SPDR Gold Shares (GLD) shed 2.8%. Silver was down 4.6%, while iShares Silver Trust (SLV) fell 4.5%.

Consumer

Consumer Staples Select Sector SPDR (XLP) was down 1.8%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were in the red.

Consumer Discretionary Select Sector SPDR (XLY) edged 2.6% higher; retail fund VanEck Vectors Retail ETF (RTH) rose 0.9% while SPDR S&P Retail (XRT) gained 1.5%.

Health Care

Health Care Select Sector SPDR (XLV) was fractionally higher; iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were mixed with the latter trending higher. iShares NASDAQ Biotechnology ETF (IBB) gained 0.9%.

Industrial

Select Sector SPDR-Industrial (XLI) climbed 3.7%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were higher.

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 >
Equity Markets Mixed as Traders Parse Economic Data
Equity Markets Mixed as Traders Parse Economic Data
Jun 18, 2024
01:23 PM EDT, 06/18/2024 (MT Newswires) -- US benchmark equity indexes were mixed after midday Tuesday, as investors analyzed the latest macro data, including a report showing retail sales rose less than expected in May. The S&P 500 was up 0.2% at 5,482.3, while the Dow Jones Industrial Average and the Nasdaq Composite were little changed at 38,783.6 and 17,859.7,...
Exchange-Traded Funds Higher, US Equities Mixed After Retail Sales Miss
Exchange-Traded Funds Higher, US Equities Mixed After Retail Sales Miss
Jun 18, 2024
12:54 PM EDT, 06/18/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading higher Tuesday. Actively-traded Invesco QQQ Trust (QQQ) was down 0.1%. US equity indexes traded mixed after a slower-than-expected increase in retail sales coincided with faster-than-anticipated growth in industrial production. Energy iShares US Energy ETF (IYE) gained 0.5% and Energy Select Sector...
US Equity Indexes Trade Mixed After Retail Sales Increase Less Than Forecast
US Equity Indexes Trade Mixed After Retail Sales Increase Less Than Forecast
Jun 18, 2024
12:24 PM EDT, 06/18/2024 (MT Newswires) -- US equity indexes traded mixed after a slower-than-expected increase in retail sales coincided with faster-than-anticipated growth in industrial production. The S&P 500 climbed 0.2% to 5,481.7, the Nasdaq Composite slipped less than 0.1% to 17,844.1, and the Dow Jones Industrial Average rose 0.1% to 38,822.6. Energy was the top gainer intraday, while consumer...
US STOCKS-Dow, S&P 500 edge higher after soft retail sales data; eyes on Fed speakers
US STOCKS-Dow, S&P 500 edge higher after soft retail sales data; eyes on Fed speakers
Jun 18, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * U.S. retail sales rise less than expected in May * Lennar ( LEN ) drops as home delivery forecast disappoints * Citigroup hikes S&P 500 year-end target to 5,600 points * Indexes: Dow up 0.03%, S&P up 0.12%, Nasdaq...
Copyright 2023-2026 - www.financetom.com All Rights Reserved