Exchange-Traded Funds, US Equities Lower After Friday's Midday Trading

MT Newswires Live12-14

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) rose 0.3%.

US equity indexes fell as a move higher in government bond yields focused investors' attention on the so-called dot plot due next week, damping risk sentiment following Broadcom's (AVGO) blistering rally.

Energy

iShares US Energy ETF (IYE) dipped 0.3% and Energy Select Sector SPDR (XLE) fell 0.2%.

Technology

Technology Select Sector SPDR ETF (XLK) dropped 0.4%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were in the red.

SPDR S&P Semiconductor (XSD) rose 1%, and iShares Semiconductor (SOXX) added 1.9%.

Financial

Financial Select Sector SPDR (XLF) was down 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) fell 0.6%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) rose 1%.

Commodities

Crude oil was up 1.6%, and the United States Oil Fund (USO) added 1.5%. Natural gas edged down 4.9%, while the United States Natural Gas Fund (UNG) lost 5.7%.

Gold was down 1.2% on Comex, and SPDR Gold Shares (GLD) lost 0.9%. Silver declined 2%, while iShares Silver Trust (SLV) dropped 1.4%.

Consumer

Consumer Staples Select Sector SPDR (XLP) shed 0.1%; Vanguard Consumer Staples ETF (VDC) fell 0.1% while iShares Dow Jones US Consumer Goods (IYK) was down 0.2%.

Consumer Discretionary Select Sector SPDR (XLY) was fractionally lower; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were lower.

Health Care

Health Care Select Sector SPDR (XLV) was fractionally higher, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were declining. IShares NASDAQ Biotechnology ETF (IBB) lost 1.2%.

Industrial

Select Sector SPDR-Industrial (XLI) fell 0.2%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red as well.

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