08:29 AM EST, 11/25/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.03% higher in Tuesday's premarket activity, ahead of key economic data releases that were delayed during the government shutdown.

US stock futures were lower, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures slipping 0.01%, and Nasdaq futures retreating 0.2% before the start of regular trading.

The delayed producer price index and retail sales report, both for September, are scheduled to be released at 8:30 am ET.

The Case-Shiller Home Price Index and the FHFA House Price Index, both for September, will be released at 9 am ET.

The Consumer Confidence report for November, the business inventories report for August, the National Association of Realtors pending home sales index for October, and the Richmond Fed Manufacturing Index for November are slated for a 10 am ET release.

In premarket activity, bitcoin was down by 1.9%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.9% lower, Ether ETF (EETH) retreated by 2.1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) fell by 1.6%.

Power Play:

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.7%, and the iShares US Technology ETF ( IYW ) was 0.5% lower, while the iShares Expanded Tech Sector ETF ( IGM ) was down 0.4%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF (XSD) fell 0.8%, while the iShares Semiconductor ETF (SOXX) declined by 0.3%.

Pony AI (PONY) shares were up more than 7% in recent premarket activity after the company posted a narrowed Q3 non-GAAP net loss and higher revenue.

Winners and Losers:

Industrial

Industrial Select Sector SPDR Fund ( XLI ) retreated 0.1%, the Vanguard Industrials Index Fund ( VIS ) was down 0.3% and the iShares US Industrials ETF ( IYJ ) was flat.

EHang ( EH ) stock was down nearly 3% before the opening bell. The company plans to post Q3 financial results before the market opens on Wednesday.

Energy

The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) was down by 0.7%.

Diversified Energy ( DEC ) stock was up more than 3% before Tuesday's opening bell after the company said Monday it had closed the acquisition of Canvas Energy for about $550 million.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.2%. The Vanguard Health Care Index Fund ( VHT ) advanced 0.04%, while the iShares US Healthcare ETF ( IYH ) was flat. The iShares Biotechnology ETF (IBB) gained 0.3%.

Novartis AG ( NVS ) stock was up more than 2% premarket after Reuters reported that the company plans to cut up to 550 full-time jobs by the end of 2027 at its Stein facility in northern Switzerland. On Monday, Novartis ( NVS ) said that the US Food and Drug Administration has approved itvisma to treat spinal muscular atrophy, or SMA.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.2%, while the Vanguard Consumer Staples Fund (VDC) was 1.2% higher. The iShares US Consumer Staples ETF ( IYK ) was inactive, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) lost 0.1%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF (XRT) were inactive.

Alibaba Group ( BABA ) shares were up more than 3% pre-bell after the company posted higher fiscal Q2 revenue.

Financial

Financial Select Sector SPDR Fund (XLF) advanced 0.4%. Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.8%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% lower.

Toronto-Dominion Bank ( MLWIQXX ) shares were down more than 1% pre-bell after Jefferies downgraded the company's stock to hold from buy.

Commodities

Front-month US West Texas Intermediate crude oil declined by 0.9% to $58.09 per barrel on the New York Mercantile Exchange. Natural gas was down 3.1% at $4.41 per 1 million British Thermal Units. The United States Oil Fund ( USO ) retreated by 2.3%, while the United States Natural Gas Fund ( UNG ) fell by 2.5%.

Gold futures for February gained by 0.9% to reach $4,169.00 an ounce on the Comex, and silver futures were up by 1.2% at $51.57 an ounce. SPDR Gold Shares ( GLD ) advanced by 0.1%, and the iShares Silver Trust ( SLV ) was 0.3% lower.