Exchange-Traded Funds, US Equities Mixed After Midday

MT Newswires Live11-13 02:20

Broad Market Indicators

Broad-market exchange-traded fund IWM fell and IVV rose. Actively traded Invesco QQQ Trust (QQQ) lost 0.1%.

US equity indexes traded mixed, with consumer discretionary and communication services among the top gainers, after Nvidia (NVDA) announced that Chief Executive Jensen Huang has resigned.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each gained about 1.8%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) fell 0.3%; iShares US Technology ETF (IYW) dropped 0.2%, and iShares Expanded Tech Sector ETF (IGM) was up 0.7%.

The State Street SPDR S&P Semiconductor (XSD) slipped 0.3%, and iShares Semiconductor (SOXX) slid 0.2%.

Financial

The State Street Financial Select Sector SPDR (XLF) fell 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) declined 0.1%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), advanced 0.3%.

Commodities

Crude oil gained 1.1%, and the United States Oil Fund (USO) rose 1.7%. Natural gas added 3.4%, and the United States Natural Gas Fund (UNG) was up 2.3%.

Gold on Comex dipped 3%, and the State Street SPDR Gold Shares (GLD) lost 2.8%. Silver lost 3.9%, and iShares Silver Trust (SLV) was down 3.2%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) rose 0.1%, and the Vanguard Consumer Staples ETF (VDC) was up 0.1%.

The State Street Consumer Discretionary Select Sector SPDR (XLY) lost 0.2%. VanEck Retail ETF (RTH) gained 0.3%, and the State Street SPDR S&P Retail (XRT) shed 0.9%.

Healthcare

The State Street Health Care Select Sector SPDR (XLV) rose 0.1%, iShares US Healthcare (IYH) was flat, and Vanguard Health Care ETF (VHT) fell fractionally. IShares Biotechnology ETF (IBB) was down 1%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) fell fractionally. Vanguard Industrials Index Fund (VIS) lost 0.1%, and iShares US Industrials (IYJ) was down 0.2%.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) declined 3.3%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) fell 3.7%, ProShares Ether ETF (EETH) lost 3.2%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was down 4%.

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