Exchange-Traded Funds, US Equities Mixed After Midday Trading

MT Newswires Live12-03

Broad Market Indicators

Broad-market exchange-traded fund IWM fell while IVV rose. Actively traded Invesco QQQ Trust (QQQ) edged up 1.1%.

The Nasdaq and the S&P 500 extended rallies to records in midday Monday trading, and the Dow Jones Industrial Average eased as traders digested new economic data in the first session of December.

Energy

iShares US Energy ETF (IYE) fell 1.3% and Energy Select Sector SPDR (XLE) dropped 1.4%.

Technology

Technology Select Sector SPDR ETF (XLK) rose 1.1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher.

SPDR S&P Semiconductor (XSD) added 2.6%, and iShares Semiconductor (SOXX) gained 3.1%.

Financial

Financial Select Sector SPDR (XLF) was down 0.9%. Direxion Daily Financial Bull 3X Shares (FAS) fell 2.8%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) added 2.4%.

Commodities

Crude oil was down 0.1%, and the United States Oil Fund (USO) fell 0.9%. Natural gas edged down 4.5%, while the United States Natural Gas Fund (UNG) lost 3.3%.

Gold was down 0.8% on Comex, and SPDR Gold Shares (GLD) lost 0.8%. Silver retreated 0.7%, while iShares Silver Trust (SLV) fell 0.7%.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 0.5%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) also dropped.

Consumer Discretionary Select Sector SPDR (XLY) rose 0.9%; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) advanced.

Health Care

Health Care Select Sector SPDR (XLV) fell 0.4%, while iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were also in the red. IShares NASDAQ Biotechnology ETF (IBB) was fractionally higher.

Industrial

Select Sector SPDR-Industrial (XLI) fell 0.6%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were also lower.

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