01:13 PM EDT, 06/24/2025 (MT Newswires) -- Broad Market Indicators
Broad-market exchange-traded funds IWM and IVV rose Tuesday afternoon. Actively traded Invesco QQQ Trust (QQQ) was up 1.5%.
US equity indexes rose as a sharp sell-off in crude oil futures alleviated concerns that inflation could spike because of the Middle East conflict, and after Federal Reserve Chair Jerome Powell left the door open for a sooner-than-anticipated easing in monetary policy.
Energy
iShares US Energy ETF (IYE) shed 1% and the Energy Select Sector SPDR (XLE) fell 1.2%.
Technology
Technology Select Sector SPDR ETF (XLK) rose 1.8%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher as well.
SPDR S&P Semiconductor (XSD) added 3.8%, and iShares Semiconductor (SOXX) gained 3.6%.
Financial
Financial Select Sector SPDR (XLF) was 1.5% higher. Direxion Daily Financial Bull 3X Shares (FAS) climbed 4.4%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), dropped 4.4%.
Commodities
Crude oil lost 6.3%, and the United States Oil Fund (USO) was up 5.4%. Natural gas dipped 3.9%, and the United States Natural Gas Fund (UNG) was 3.6% down.
Gold fell 1.8% on Comex, and SPDR Gold Shares (GLD) lost 1.7%. Silver was 1.4% down, and iShares Silver Trust (SLV) shed 1.4%.
Consumer
Consumer Staples Select Sector SPDR (XLP) fractionally down; Vanguard Consumer Staples ETF (VDC) was up less than 0.1%, while the iShares Dow Jones US Consumer Goods (IYK) fell fractionally.
Consumer Discretionary Select Sector SPDR (XLY) was up 0.7%; VanEck Retail ETF (RTH) was 0.3% higher, and SPDR S&P Retail (XRT) added 0.3%.
Health Care
Health Care Select Sector SPDR (XLV) was up 0.8%. iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) rose. iShares Biotechnology ETF (IBB) climbed 2%.
Industrial
Industrial Select Sector SPDR (XLI) was 0.5% up. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were pointing higher.