Broad Market Indicators
Broad-market exchange-traded funds IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) was fractionally higher.
US equity indexes were lower in midday trading Friday amid record moves in precious metals.
Energy
iShares US Energy ETF (IYE) dropped 0.7% and the State Street Energy Select Sector SPDR (XLE) fell 0.6%.
Technology
The State Street Technology Select Sector SPDR ETF (XLK) rose 0.3%; iShares US Technology ETF (IYW) gained 0.2%, and iShares Expanded Tech Sector ETF (IGM) added 0.1%.
The State Street SPDR S&P Semiconductor (XSD) was down 0.5%, and iShares Semiconductor (SOXX) rose fractionally.
Financial
The State Street Financial Select Sector SPDR (XLF) slipped 0.4%. Direxion Daily Financial Bull 3X Shares (FAS) fell 1.2%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) gained 1.3%.
Commodities
Crude oil dropped 1.9%, and the United States Oil Fund (USO) was 2% down. Natural gas climbed 3.6%, and the United States Natural Gas Fund (UNG) gained 3.7%.
Gold on Comex rose 1.1%, and the State Street SPDR Gold Shares (GLD) advanced 0.9%. Silver climbed 6.6%, and iShares Silver Trust (SLV) gained 6.1%.
Consumer
The State Street Consumer Staples Select Sector SPDR (XLP) dipped 0.1%. The Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) also edged lower.
The State Street Consumer Discretionary Select Sector SPDR (XLY) fell 0.4%. VanEck Retail ETF (RTH) rose fractionally, and the State Street SPDR S&P Retail (XRT) was down 0.3%.
Health Care
The State Street Health Care Select Sector SPDR (XLV) fell 0.2%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also declined; iShares Biotechnology ETF (IBB) shed 0.9%.
Industrial
The State Street Industrial Select Sector SPDR (XLI) fell 0.4%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were in the red.
Cryptocurrency
In midday activity, bitcoin (BTC-USD) was down 0.7%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) was fractionally lower, ProShares Ether ETF (EETH) dipped 0.5%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) lost 0.2%.
