Exchange-Traded Funds Rise as US Equities Advance After Midday

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) added 0.9%.

US equity indexes rose amid a broad-based rally after core producer price inflation, which excludes the more volatile food and energy prices, grew less than forecast in May.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each fell 0.1%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) climbed up 0.7%; iShares US Technology ETF (IYW) rose 0.5%, and iShares Expanded Tech Sector ETF (IGM) was up 0.4%.

The State Street SPDR S&P Semiconductor (XSD) advanced 2.2%, and iShares Semiconductor (SOXX) was 3% higher.

Financial

The State Street Financial Select Sector SPDR (XLF) fell 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) declined 0.8%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), rose 0.9%.

Commodities

Crude oil gained 1.1%, and the United States Oil Fund (USO) added 0.5%. Natural gas shed 2.7%, and the United States Natural Gas Fund (UNG) was down 2.7%.

Gold on Comex slipped 0.8%, and the State Street SPDR Gold Shares (GLD) fell 0.2%. Silver declined 1.2%, and iShares Silver Trust (SLV) was up fractionally.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) fell less than 0.1%. The Vanguard Consumer Staples ETF (VDC) fell 0.1%, and iShares Dow Jones US Consumer Goods (IYK) was down marginally.

The State Street Consumer Discretionary Select Sector SPDR (XLY) gained 0.1%. VanEck Retail ETF (RTH) was 0.6% higher, and the State Street SPDR S&P Retail (XRT) added 0.9%.

Healthcare

The State Street Health Care Select Sector SPDR (XLV) rose 0.4%, iShares US Healthcare (IYH) added 0.4%, and Vanguard Health Care ETF (VHT) was up 0.5%. IShares Biotechnology ETF (IBB) climbed up 1.9%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) added 1.4%. Vanguard Industrials Index Fund (VIS) gained 1.3%, while iShares US Industrials (IYJ) rose 0.9%.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) was up 0.8%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) rose 0.8%, ProShares Ether ETF (EETH) added 0.8%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was 1.2% higher.