Exchange-Traded Funds Higher, US Equities Mixed After Midday Trading

MT Newswires Live12-17

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) climbed 1.3%.

US equity indexes traded mixed after midday on Monday as the Dow Jones Industrial Average lagged the S&P 500 and the Nasdaq Composite amid gains in technology and consumer discretionary sectors.

Energy

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

Technology

Technology Select Sector SPDR ETF (XLK) rose 0.5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher.

SPDR S&P Semiconductor (XSD) gained 0.7%, and iShares Semiconductor (SOXX) added 1.8%.

Financial

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

Commodities

Crude oil was down 0.6%, and the United States Oil Fund (USO) dipped 0.3%. Natural gas was down 1.9%, while the United States Natural Gas Fund (UNG) lost 2.2%.

Gold was down 0.2% on Comex, and SPDR Gold Shares (GLD) was up 0.3%. Silver rose 0.3%, while iShares Silver Trust (SLV) climbed 0.5%.

Consumer

Consumer Staples Select Sector SPDR (XLP) rose 0.4%; Vanguard Consumer Staples ETF (VDC) added 0.5% while iShares Dow Jones US Consumer Goods (IYK) fell fractionally.

Consumer Discretionary Select Sector SPDR (XLY) was 1.3% higher; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were higher.

Health Care

Health Care Select Sector SPDR (XLV) was 0.3% lower, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were declining. IShares NASDAQ Biotechnology ETF (IBB) added 1.1%.

Industrial

Select Sector SPDR-Industrial (XLI) rose 0.3%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were higher.

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