Exchange-Traded Funds Mixed, US Equities Rise After Midday
Broad Market IndicatorsBroad-market exchange-traded funds IWM was softer while IVV gained. Actively traded Invesco QQQ Trust (QQQ) added 0.5%.US equity indexes were higher after midday Thursday after Israel and Lebanon agreed to a 10-day ceasefire, removing an obstacle to diplomacy in works to extend the Iran truce deal.EnergyIShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each gained about 1.6%.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) was up 0.9%; iShares US Technology ETF (IYW) rose 0.7%, and iShares Expanded Tech Sector ETF (IGM) added 0.8%.The State Street SPDR S&P Semiconductor (XSD) climbed 2%, and iShares Semiconductor (SOXX) was up 0.9%.FinancialThe State Street Financial Select Sector SPDR (XLF) slipped 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) declined 0.4%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), climbed 0.3%.CommoditiesCrude oil fell 0.8%, and the United States Oil Fund (USO) advanced 3.8%. Natural gas rose 1.3%, and the United States Natural Gas Fund (UNG) added 1.2%.Gold on Comex eased 0.2%, and the State Street SPDR Gold Shares (GLD) fell 0.1%. Silver shed 1.2%, and iShares Silver Trust (SLV) dipped 1%.ConsumerThe State Street Consumer Staples Select Sector SPDR (XLP) gained 0.2%. The Vanguard Consumer Staples ETF (VDC) added 0.1%, and iShares Dow Jones US Consumer Goods (IYK) was 0.2% higher.The State Street Consumer Discretionary Select Sector SPDR (XLY) eased 0.4%. VanEck Retail ETF (RTH) was flat, while the State Street SPDR S&P Retail (XRT) added 0.8%.Health CareThe State Street Health Care Select Sector SPDR (XLV) fell 0.7%, iShares US Healthcare (IYH) declined 0.8%, and Vanguard Health Care ETF (VHT) was 0.7% lower. IShares Biotechnology ETF (IBB) shed 0.9%.IndustrialThe State Street Industrial Select Sector SPDR (XLI) lost 0.5%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) also declined.CryptocurrencyIn midday activity, bitcoin (BTC-USD) fell 0.9%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) slipped 1%, ProShares Ether ETF (EETH) eased 1.7%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was down 0.9%.