Exchange-Traded Funds, US Equities Lower After Midday Trading

Broad Market Indicators

Broad-market exchange-traded fund IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 0.8%.

US equity indexes fell, giving up earlier gains, after government bond yields turned the corner and the dollar appreciated strongly in midday trading on Thursday.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) rose about 1% each.

Technology

Technology Select Sector SPDR ETF (XLK) fell 0.9%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) rose 0.7%, and iShares Semiconductor (SOXX) gained 0.1%.

Financial

Financial Select Sector SPDR (XLF) was down 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) fell 1.6%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) climbed 1.6%.

Commodities

Crude oil was up 2.3%, and the United States Oil Fund (USO) added 2.1%. Natural gas gained 3.2%, and the United States Natural Gas Fund (UNG) rose 2%.

Gold was 1% higher on Comex, and SPDR Gold Shares (GLD) climbed 1.1%. Silver rose 2.1%, and iShares Silver Trust (SLV) advanced 1.8%.

Consumer

Consumer Staples Select Sector SPDR (XLP) was down 0.4%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were weaker.

Consumer Discretionary Select Sector SPDR (XLY) was 1.6% lower; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were in the red.

Health Care

Health Care Select Sector SPDR (XLV) fell 0.1%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) edged higher. IShares Biotechnology ETF (IBB) rose 0.6%.

Industrial

Select Sector SPDR-Industrial (XLI) was down 0.4%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were weaker.