Exchange-Traded Funds Point Higher as US Equities Rise After Midday

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) added 1.8%.

US equity indexes jumped in midday trading on Thursday after the inflation rate unexpectedly slumped and Micron Technology's (MU) blowout quarterly results boosted risk sentiment.

Energy

iShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each lost about 1.2%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) added 1.8%; iShares US Technology ETF (IYW) was up 1.9%, while iShares Expanded Tech Sector ETF (IGM) rose 1.8%.

The State Street SPDR S&P Semiconductor (XSD) was 2.5% higher, and iShares Semiconductor (SOXX) gained 2.9%.

Financial

The State Street Financial Select Sector SPDR (XLF) was 0.1% down. Direxion Daily Financial Bull 3X Shares (FAS) slipped 0.3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), rose 0.2%.

Commodities

Crude oil was 0.9% higher, and the United States Oil Fund (USO) lost 0.6%. Natural gas shed 1.3%, and the United States Natural Gas Fund (UNG) declined 3.6%.

Gold on Comex fell 0.2%, and the State Street SPDR Gold Shares (GLD) dipped 0.3%. Silver dropped 2.3%, and iShares Silver Trust (SLV) was down 1.7%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) fell 0.4%. The Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were also edging lower.

The State Street Consumer Discretionary Select Sector SPDR (XLY) rose 1.8%. VanEck Retail ETF (RTH) added 0.3%, and the State Street SPDR S&P Retail (XRT) added 0.4%.

Health Care

The State Street Health Care Select Sector SPDR (XLV) was up 0.2%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also edged higher; iShares Biotechnology ETF (IBB) fell 0.6%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) was 0.6% higher. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were also moved up.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) added 0.7%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) rose 0.7%, ProShares Ether ETF (EETH) was 0.6% higher, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) rose 0.1%.