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FINWIRES

Exchange-Traded Funds Mixed as US Equities Fall After Midday

-- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were mixed, with the latter down 0.3%. Actively traded Invesco QQQ Trust (QQQ) shed 0.5%.

US equity indexes slipped, while crude oil futures rose amid high-stakes Middle East diplomacy to bring Iran back to the negotiating table in Pakistan for a second round of peace talks.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each gained about 0.8%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) was down 0.3%; iShares US Technology ETF (IYW) fell 0.3%, and iShares Expanded Tech Sector ETF (IGM) declined 0.5%.

The State Street SPDR S&P Semiconductor (XSD) added 1.1%, and iShares Semiconductor (SOXX) was down 0.2%.

Financial

The State Street Financial Select Sector SPDR (XLF) gained 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) climbed up 0.3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 0.5%.

Commodities

Crude oil gained 6%, and the United States Oil Fund (USO) rose 5.2%. Natural gas rose 1.4%, and the United States Natural Gas Fund (UNG) added 0.6%.

Gold on Comex slipped 1.3%, and the State Street SPDR Gold Shares (GLD) fell 1.2%. Silver declined 2.4%, and iShares Silver Trust (SLV) was down 2%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) was 0.1% lower. The Vanguard Consumer Staples ETF (VDC) was fractionally lower, and iShares Dow Jones US Consumer Goods (IYK) was down 0.3%.

The State Street Consumer Discretionary Select Sector SPDR (XLY) was down 0.9%. VanEck Retail ETF (RTH) fell 0.4%, while the State Street SPDR S&P Retail (XRT) added 0.2%.

Health Care

The State Street Health Care Select Sector SPDR (XLV) fell 0.5%, iShares US Healthcare (IYH) shed 0.5%, and Vanguard Health Care ETF (VHT) was 0.4% lower. IShares Biotechnology ETF (IBB) declined 0.4%.

Industrial

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

Cryptocurrency

Bitcoin (BTC-USD) gained 0.7%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) shed 2.7%, ProShares Ether ETF (EETH) dropped 5.2%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was down 3.1%.

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