financetom
Market
financetom
/
Market
/
Exchange-Traded Funds, US Equities Slump After Midday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds, US Equities Slump After Midday
Feb 12, 2025 10:23 AM

01:07 PM EST, 02/12/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was up 0.1%.

US equity indexes fell as a stronger-than-expected inflation print sent government bond yields higher, lifting bets the Federal Reserve will extend its policy pause into March.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both lost about 1.3% each.

Technology

Technology Select Sector SPDR ETF (XLK) eased 0.5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) decreased.

SPDR S&P Semiconductor (XSD) fell 0.2%, and iShares Semiconductor (SOXX) was 0.6% lower.

Financial

Financial Select Sector SPDR (XLF) fell 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) lost 1.7%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) rose 1.9%.

Commodities

Crude oil fell 2.2%, and the United States Oil Fund (USO) lost 2.1%. Natural gas was up 0.7%, and the United States Natural Gas Fund (UNG) advanced 0.7%.

Gold was fractionally lower on Comex, and SPDR Gold Shares (GLD) rose 0.2%. Silver added 1.5%, and iShares Silver Trust (SLV) climbed 1.5%.

Consumer

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

Consumer Discretionary Select Sector SPDR (XLY) was up 0.4%; retail fund VanEck Vectors Retail ETF (RTH) fell less than 0.1%, while SPDR S&P Retail (XRT) dropped 0.4%.

Health Care

Health Care Select Sector SPDR (XLV) was up 0.1%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were mixed with the latter trending higher. IShares Biotechnology ETF (IBB) added 0.3%.

Industrial

Select Sector SPDR-Industrial (XLI) fell 0.4%, and Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red.

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 >
Sector Update: Health Care Stocks Lower in Late Afternoon Trading
Sector Update: Health Care Stocks Lower in Late Afternoon Trading
Feb 7, 2025
04:02 PM EST, 02/07/2025 (MT Newswires) -- Health care stocks were retreating late Friday afternoon, with the NYSE Health Care Index down 0.3% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.4%. The iShares Biotechnology ETF (IBB) fell 2.1%. In corporate news, Doximity ( DOCS ) shares soared 35% after analysts raised their price targets on the company's...
US Equities Markets End Lower Friday as Economy Adds Fewer Jobs Than Expected
US Equities Markets End Lower Friday as Economy Adds Fewer Jobs Than Expected
Feb 7, 2025
04:05 PM EST, 02/07/2025 (MT Newswires) -- US benchmark equity indexes ended lower Friday after data showed the economy added fewer jobs than projected in January, while a survey pointed to surging inflation expectations among consumers. * Total nonfarm payrolls in the US rose by 143,000 last month, the Bureau of Labor Statistics reported. The consensus was for a 175,000...
Sector Update: Tech Stocks Slide Late Afternoon
Sector Update: Tech Stocks Slide Late Afternoon
Feb 7, 2025
03:58 PM EST, 02/07/2025 (MT Newswires) -- Tech stocks fell in late Friday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.9% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.3%. The Philadelphia Semiconductor index declined 1.5%. In corporate news, SolarWinds ( SWI ) shares jumped past 22%. The company said it has agreed to be acquired...
US STOCKS-Wall Street closes lower on trade war escalation, weak data
US STOCKS-Wall Street closes lower on trade war escalation, weak data
Feb 7, 2025
* Nonfarm payrolls increase by 143,000 in January * Uber ( UBER ) jumps after Bill Ackman discloses stake (Updates at the close) By Abigail Summerville and Shashwat Chauhan Feb 7 (Reuters) - All three U.S. stock indexes closed lower on Friday after President Donald Trump's reciprocal tariff announcement followed weak jobs and consumer sentiment data. During a meeting with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved