Exchange-Traded Funds, US Equities Rise in Friday Midday Trading

MT Newswires Live02:05

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) rose fractionally.

US benchmark indexes rose in midday Friday trading and appear to be on track to erase a decline last week.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both climbed around 0.4%.

Technology

Technology Select Sector SPDR ETF (XLK) fell 0.2%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also dropped.

SPDR S&P Semiconductor (XSD) advanced 1.2%, and iShares Semiconductor (SOXX) dropped 0.3%.

Financial

Financial Select Sector SPDR (XLF) gained 0.9%. Direxion Daily Financial Bull 3X Shares (FAS) was up 2.6%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) dropped 2.7%.

Commodities

Crude oil was up 1.4%, and the United States Oil Fund (USO) rose 1.3%. Natural gas slumped 5.9%, while the United States Natural Gas Fund (UNG) tumbled 6.4%.

Gold added 1.2% on Comex, and SPDR Gold Shares (GLD) gained 1.3%. Silver rose 1.3%, while iShares Silver Trust (SLV) was 1.6% higher.

Consumer

Consumer Staples Select Sector SPDR (XLP) added 0.8%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) also rose.

Consumer Discretionary Select Sector SPDR (XLY) gained 1.6%; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) advanced.

Health Care

Health Care Select Sector SPDR (XLV) rose 0.3%, while iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also climbed. IShares NASDAQ Biotechnology ETF (IBB) gained 1.6%.

Industrial

Select Sector SPDR-Industrial (XLI) rose 1.2%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) also advanced.

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