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Exchange-Traded Funds Rise, Equity Futures Mixed Pre-Bell as Traders Assess Tech Earnings Amid Global Uncertainty
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Exchange-Traded Funds Rise, Equity Futures Mixed Pre-Bell as Traders Assess Tech Earnings Amid Global Uncertainty
Apr 24, 2026 6:21 AM

09:08 AM EDT, 04/24/2026 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 1.3% higher in Friday's premarket activity as investors assess technology companies' earnings while global uncertainty persists amid the Middle East conflict.

US stock futures were mixed, with S&P 500 Index futures up 0.4%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures gaining 1.3% before the start of regular trading.

The University of Michigan consumer sentiment report for the current month is scheduled to be released at 10 am ET, while the weekly Baker Hughes domestic oil-and-gas rig count is due at 1 pm ET.

In premarket activity, bitcoin was up by 0.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.6% higher, Ether ETF (EETH) advanced 0.6%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.02%.

Power Play:

Health Care

The State Street Health Care Select Sector SPDR ETF ( XLV ) retreated by 0.5%, the Vanguard Health Care Index Fund ( VHT ) was down 0.1%, while the iShares US Healthcare ETF ( IYH ) was 0.1% lower. The iShares Biotechnology ETF (IBB) was 0.5% higher.

Organon (OGN) shares were up 29% in Friday's premarket activity, a day after a media report that India's Sun Pharmaceutical Industries was planning a $13 billion bid for Organon.

Winners and Losers:

Technology

The State Street Technology Select Sector SPDR ETF (XLK) advanced by 2.1%, and the iShares US Technology ETF ( IYW ) was 1.7% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was up 2.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF ( XSD ) was 4.2% higher, while the iShares Semiconductor ETF (SOXX) rose by 4.1%.

Intel ( INTC ) stock was 28% higher pre-bell Friday after the company reported overnight higher fiscal Q1 adjusted earnings and revenue in addition to providing fiscal Q2 outlook that surpassed analyst estimates.

Consumer

The State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1% and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 0.1%. The iShares US Consumer Staples ETF ( IYK ) was 0.04% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 0.8%. The VanEck Retail ETF ( RTH ) and the State Street SPDR S&P Retail ETF (XRT) were flat.

Coursera ( COUR ) stock was 16% lower before the opening bell on Friday after the company reported overnight lower Q1 non-GAAP earnings that also trailed analysts' estimates.

Financial

The State Street Financial Select Sector SPDR ETF (XLF) slipped 0.4%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.9%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.1% higher.

Hartford Insurance Group ( HIG ) shares were down 4.4% before Friday's bell, a day after the company posted lower-than-expected Q1 core earnings and revenue.

Energy

The iShares US Energy ETF ( IYE ) retreated by 1%, while the State Street Energy Select Sector SPDR ETF ( XLE ) was down by 1.1%.

SLB (SLB) shares were down 3.7% before Friday's bell after the company posted lower Q1 adjusted earnings.

Industrial

The State Street Industrial Select Sector SPDR ETF ( XLI ) retreated by 0.7%, while the Vanguard Industrials Index Fund ( VIS ) was 0.2% lower and the iShares US Industrials ETF ( IYJ ) was flat.

Norfolk Southern ( NSC ) shares were down 1.1% before the opening bell Friday after the company reported lower Q1 adjusted EPS.

Commodities

Front-month US West Texas Intermediate crude oil retreated by 1.3% to $94.63 per barrel on the New York Mercantile Exchange. Natural gas declined by 2.4% to $2.70 per 1 million British Thermal Units. The United States Oil Fund ( USO ) decreased by 1.4%, while the United States Natural Gas Fund ( UNG ) was 1.7% lower.

Gold futures for May were down by 0.1% at $4,721.50 an ounce on the Comex. Silver futures gained by 0.9% to reach $76.17 an ounce. SPDR Gold Shares ( GLD ) was 0.4% higher, and the iShares Silver Trust ( SLV ) advanced by 0.5%.

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