Exchange-Traded Funds Mixed, US Equities Rise After Midday
Broad Market IndicatorsBroad-market exchange-traded fund IWM fell while IVV rose. Actively traded Invesco QQQ Trust (QQQ) rose 2.1%.US equity indexes rose amid standout gains in communication services and consumer discretionary in midday trading on Monday.EnergyIShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each added about 0.2%.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) added 1.8%; iShares US Technology ETF (IYW) rose 2.1%, and iShares Expanded Tech Sector ETF (IGM) was up 2.1%.The State Street SPDR S&P Semiconductor (XSD) gained 2.3%, and iShares Semiconductor (SOXX) was up 3.3%.FinancialThe State Street Financial Select Sector SPDR (XLF) rose 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) climbed 0.7%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 1%.CommoditiesCrude oil rose 2.4%, and the United States Oil Fund (USO) added 2.1%. Natural gas slipped 1.4%, and the United States Natural Gas Fund (UNG) was down 3.5%.Gold on Comex dropped 1.5%, and the State Street SPDR Gold Shares (GLD) fell 1.1%. Silver was down 1.3%, and iShares Silver Trust (SLV) shed 1.1%.ConsumerThe State Street Consumer Staples Select Sector SPDR (XLP) lost 0.7%. The Vanguard Consumer Staples ETF (VDC) fell 0.7%, and iShares Dow Jones US Consumer Goods (IYK) was down 0.4%.The State Street Consumer Discretionary Select Sector SPDR (XLY) added 2.2%. VanEck Retail ETF (RTH) gained 0.4%, and the State Street SPDR S&P Retail (XRT) eased 1%.HealthcareThe State Street Health Care Select Sector SPDR (XLV) fell 0.2%, iShares US Healthcare (IYH) dipped 0.1%, and Vanguard Health Care ETF (VHT) was down 0.1%. IShares Biotechnology ETF (IBB) gained 0.2%.IndustrialThe State Street Industrial Select Sector SPDR (XLI) added 0.7%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were also higher.CryptocurrencyIn midday activity, bitcoin (BTC-USD) added 0.3%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) rose 0.7%, ProShares Ether ETF (EETH) was up 0.4%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was 0.9% lower.