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iShares Biotechnology ETF

iShares Biotechnology ETF

$IBB
NASDAQBiotechnology

227 stories mentioning iShares Biotechnology ETFUpdated 5h ago

The biotech ETF advanced alongside the broader healthcare sector amid market optimism and company-specific clinical and regulatory news.

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Sectors

Sector Update: Healthcare Stocks Flat to Higher Premarket Wednesday

Healthcare stocks were flat to higher premarket Wednesday, with the iShares Biotechnology ETF (IBB) inactive and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.5%.Teva Pharmaceutical Industries (TEVA) shares were up more than 1% after the company said its investigational anti-IL-15 antibody TEV '408 met the primary endpoint in an ongoing Phase 2a study in adults with celiac disease.Telix Pharmaceuticals (TLX) has completed patient enrollment for the phase 3 study of its commercial PSMA-PET imaging agents Illuccix and Gozellix in prostate cancer imaging in pre-biopsy setting, the company said. Telix Pharmaceuticals stock was up more than 5% pre-bell.uniQure (QURE) has submitted a Biologics License Application to the US Food and Drug Administration for the accelerated approval of AMT-130 to treat Huntington's disease, the company said. uniQure shares were up more than 6% premarket.

$IBB$QURE$TEVA$TLX$XLV
Commodities

Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Wednesday Amid Escalating US-Iran Tensions

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.03%, and the actively traded Invesco QQQ Trust (QQQ) retreated 0.2% in Wednesday's premarket activity, as markets traded mixed amid escalating US-Iran tensions.US stock futures were also mixed, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures advancing 0.2%, and Nasdaq futures retreating 0.1% before the start of regular trading.Mortgage applications rebounded by 0.8% in the week ended Aug. 28 despite a further increase in average 30-year fixed mortgage rates, according to Mortgage Bankers Association data released Wednesday.ADP's monthly measure of private payrolls showed a 38,000 increase in August, well below expectations compiled by Bloomberg as of 7:45 am ET for an increase of 47,000 after a 46,000 increase in July.Factory orders data for July will be released at 10:00 am ET, followed by the weekly petroleum stocks data at 10:30 am ET.The Fed's Beige Book, a compilation of economic and business reports from the 12 regional Fed branches, posts at 2 pm ET.In premarket action, bitcoin was down by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.2% lower, Ether ETF (EETH) retreated 1.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.5%, while the Vanguard Industrials Index Fund (VIS) was up 0.8%, and the iShares US Industrials ETF (IYJ) was inactive.FuelCell Energy (FCEL) stock was down more than 12% before the opening bell after the company reported a wider-than-expected fiscal Q3 adjusted loss.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.1%, the iShares US Technology ETF (IYW) was 0.8% lower, and the iShares Expanded Tech Sector ETF (IGM) lost 0.2%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) decreased by 0.1%, while the iShares Semiconductor ETF (SOXX) fell by 0.5%.Dell Technologies (DELL) shares were up 8% after the company posted higher fiscal Q2 adjusted earnings and revenue in addition to lifting its full-year guidance.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.9% lower.Manulife Financial (MFC) shares traded down 4% in early-hours activity after the company said late Tuesday it priced a $750 million public offering in the US of 6.146% subordinated notes due 2041.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.2%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 0.1%, and the iShares US Consumer Staples ETF (IYK) advanced 0.03%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) was 0.3% higher. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was down 0.4%.Nio (NIO) shares were down more than 3% pre-bell after JPMorgan downgraded the company to neutral from overweight.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.5%, the Vanguard Health Care Index Fund (VHT) was down 0.8%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was 0.1% higher.UniQure (QURE) stock was up 3% premarket after the company submitted a Biologics License Application to the US Food and Drug Administration to request accelerated approval of ifezuntirgene inilparvovec, or AMT-130, its investigational gene therapy for Huntington's disease.EnergyThe iShares US Energy ETF (IYE) was down 0.2%, while the State Street Energy Select Sector SPDR ETF (XLE) was 0.5% lower.BP (BP) stock was down more than 1% before market open after the company appointed Ian Tyler as board chair.CommoditiesFront-month US West Texas Intermediate crude oil was down by 0.8% to $89.53 per barrel on the New York Mercantile Exchange. Natural gas was up 1.1% at $2.94 per 1 million British Thermal Units. The United States Oil Fund (USO) lost 1.2%, while the United States Natural Gas Fund (UNG) was 0.3% lower.Gold futures for November were down by 0.4% to $4,379.40 an ounce on the Comex. Silver futures retreated 0.6% to $64.96 an ounce. SPDR Gold Shares (GLD) increased 0.1%, and the iShares Silver Trust (SLV) was 0.4% higher.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$BP$DELL$EEM$EETH$EXI$FAS$FAZ$FCEL$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$MFC$NIO$PMR$QQQ$QURE$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors

Sector Update: Healthcare Stocks Mixed Premarket Tuesday

Healthcare stocks were mixed premarket Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) 1% higher and the iShares Biotechnology ETF (IBB) down 0.5%Novartis (NVS) shares were up more than 6% after the company said phase 3 trials of remibrutinib showed significantly reduced annualized relapse rates compared with teriflunomide in adults with relapsing multiple sclerosis.Medtronic (MDT) stock was up more than 2% after the company posted higher fiscal Q1 adjusted earnings and revenue.MiniMed (MMED) reported a fiscal Q1 breakeven, compared with a loss a year earlier, as net sales increased during the period. MiniMed shares were down more than 5% premarket.

$IBB$MDT$MMED$NVS$XLV
Commodities

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday as Oil Prices Advance

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.5% and the actively traded Invesco QQQ Trust (QQQ) was 1% lower in Tuesday's premarket activity as oil prices advanced amid supply concerns.US stock futures were also lower, with S&P 500 Index futures down 0.6%, Dow Jones Industrial Average futures slipping 0.6%, and Nasdaq futures retreating 1.1% before the start of regular trading.Manufacturing data from S&P Global will be released at 9:45 am ET.The ISM's manufacturing reading for August, construction spending data for July, and job openings data for July are all due to be released at 10 am ET.The Dallas Fed's nonmanufacturing index for August is due to be released at 10:30 am ET.In premarket activity, bitcoin was down by 1.1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1% lower, Ether ETF (EETH) retreated 1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) fell 1%.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.6%, the Vanguard Health Care Index Fund (VHT) was up 0.1%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was down 1.5%.Novartis (NVS) stock was up more than 4% premarket after the company said that phase 3 trials of remibrutinib showed significantly reduced annualized relapse rates compared with teriflunomide in adults with relapsing multiple sclerosis.Winners and Losers:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.4%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) retreated 0.01%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.5%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was flat.Tesla (TSLA) shares were down 1% after a 5.5% gain at the prior close. Reuters reported that new Tesla car registrations in Norway and Sweden were down 79% and 41%, respectively, in August.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.3% higher.Mitsubishi UFJ Financial (MUFG) shares were up 1% after the company said it began talks with BlackRock (BLK) and Morgan Stanley's (MS) investment management unit to support the development of Japan's private credit market. BlackRock stock was 1% lower, while Morgan Stanley was retreating 0.5% pre-bell.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.6%, while the Vanguard Industrials Index Fund (VIS) was down 0.5% and the iShares US Industrials ETF (IYJ) lost 0.1%.Elbit Systems (ESLT) stock was up more than 1% before the opening bell after the company said it has signed contracts worth $270 million with an international customer in the field of intelligence, surveillance, and reconnaissance and targeting payloads.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 1.4%, the iShares US Technology ETF (IYW) was flat, and the iShares Expanded Tech Sector ETF (IGM) was down 0.8%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was 1.7% lower, while the iShares Semiconductor ETF (SOXX) fell by 2%.Salesforce (CRM) shares were down more than 1% in premarket activity following a 0.6% gain in the prior session. Bloomberg reported that the company is investing in human resources software company HiBob as part of a $160 million funding round that values the startup at more than $3.20 billion.EnergyThe iShares US Energy ETF (IYE) was up 1.9%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.3%.ExxonMobil (XOM) and Chevron (CVX) shares were 1% higher after multiple media outlets reported, citing comments made by US President Donald Trump at a press event in the Oval Office, that the companies are among several major oil companies planning to pursue business in Venezuela.CommoditiesFront-month US West Texas Intermediate crude oil rose by 2.3% to $87.77 per barrel on the New York Mercantile Exchange. Natural gas was down 1.3% at $2.90 per 1 million British Thermal Units. The United States Oil Fund (USO) advanced 2.1%, while the United States Natural Gas Fund (UNG) was 1.1% lower.Gold futures for November were down by 1.2% at $4,429.30 an ounce on the Comex. Silver futures retreated 2.2% to $65.51 an ounce. SPDR Gold Shares (GLD) decreased 1.9%, and the iShares Silver Trust (SLV) was 3% lower.

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Commodities

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as US, Iran Exchange Attacks

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.3%, and the actively traded Invesco QQQ Trust (QQQ) retreated 0.2% in Monday's premarket activity as the US and Iran exchanged attacks after almost a month's lull.US stock futures were also lower, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures retreating 0.1% before the start of regular trading.The Dallas Fed manufacturing survey for August will be released at 10:30 am ET.In premarket activity, bitcoin was down by 1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.7% higher, Ether ETF (EETH) advanced 0.7%, and Bitcoin & Ether Market Cap Weight ETF (BETH) rose 4.8%Power Play:EnergyThe iShares US Energy ETF (IYE) was up 1.5%, while the State Street Energy Select Sector SPDR ETF (XLE) gained 1.8%.PG&E (PCG) stock was more than 18% lower following multiple analyst downgrades.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.5%, the iShares US Technology ETF (IYW) was 0.4% lower, and the iShares Expanded Tech Sector ETF (IGM) was down 0.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was up 0.1%, while the iShares Semiconductor ETF (SOXX) rose by 0.01%.Science Applications International (SAIC) stock was up 12% after the company reported higher fiscal Q2 revenue and raised its fiscal 2027 outlook.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.2%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) retreated 0.1%, and the iShares US Consumer Staples ETF (IYK) was 0.03% higher. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.5%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was down 0.1%.GameStop (GME) shares were up more than 3% pre-bell after the company said it expects higher Q2 net income. The company also said that it agreed to amend several agreements with existing holders to exchange and cancel about $1.4 billion in 0% convertible senior notes due 2030 and 2032.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.4%. Direxion Daily Financial Bull 3X Shares (FAS) was down 1.3%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.2% higher.Aon (AON) stock was down 2% after it agreed to acquire insurance brokerage USI Insurance Services from KKR (KKR) and other shareholders in an all-cash deal worth roughly $17 billion. KKR shares were 1.2% higher.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.3%, the Vanguard Health Care Index Fund (VHT) was down 0.1%, while the iShares US Healthcare ETF (IYH) slipped 0.1%. The iShares Biotechnology ETF (IBB) was 0.6% lower.Alpha Tau Medical (DRTS) stock was down 1% premarket following a 1.2% decline in the prior session. The company said Monday it has completed patient enrollment in a study evaluating intratumoral Alpha DaRT combined with first-line chemotherapy in newly diagnosed, inoperable locally advanced or metastatic pancreatic adenocarcinoma.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.6%, the Vanguard Industrials Index Fund (VIS) was down 1.1%, and the iShares US Industrials ETF (IYJ) was inactive.SpaceX (SPCX) stock was nearly 1% lower premarket. NASA said Saturday the space agency and SpaceX are delaying their launch date for the Crew-13 manned mission to the International Space Station in order to address an oxidizer leak on the propulsion system of the Dragon spacecraft.CommoditiesFront-month US West Texas Intermediate crude oil rose by 3.5% to $86.31 per barrel on the New York Mercantile Exchange. Natural gas was down 0.7% at $2.87 per 1 million British Thermal Units. The United States Oil Fund (USO) advanced 2.9%, while the United States Natural Gas Fund (UNG) was 0.1% lower.Gold futures for November were down by 0.9% at $4,488.70 an ounce on the Comex. Silver futures retreated 0.5% to $67.42 an ounce. SPDR Gold Shares (GLD) decreased 0.5%, and the iShares Silver Trust (SLV) was 0.3% higher.

Dow JonesNasdaq CompositeS&P 500$AON$BETH$BITO$EEM$EETH$EXI$FAS$FAZ$GLD$GME$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$KKR$PCG$PMR$QQQ$RTH$SAIC$SLV$SOXX$SPCX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors

Sector Update: Healthcare Stocks Fall Premarket Monday

Healthcare stocks were falling premarket Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.4% lower and the iShares Biotechnology ETF (IBB) down 0.6%.Arrowhead Pharmaceuticals' (ARWR) plozasiran met its primary and secondary endpoints in two phase 3 studies as a potential treatment for adults with severe hypertriglyceridemia, the company said. Shares of Arrowhead Pharmaceuticals were down more than 2% pre-bell.Hutchmed (HCM) shares were up more than 2% after the company said its experimental combination of Orpathys and Tagrisso demonstrated a statistically significant improvement in progression-free survival in a China phase 3 trial involving certain patients with non-small cell lung cancer.IDEAYA Biosciences (IDYA) stock was 0.7% higher after the company said it held a US Food and Drug Administration meeting on the design of a phase 3 trial for IDE849, its experimental treatment for extensive-stage small cell lung cancer.

$ARWR$HCM$IBB$IDYA$XLV
Sectors

Sector Update: Health Care Stocks Mixed Pre-Bell Friday

Healthcare stocks were mixed premarket Friday, with the State Street Health Care Select Sector SPDR ETF (XLV) gaining by 0.1% and the iShares Biotechnology ETF (IBB) down 0.6%.Cytokinetics (CYTK) shares were down 4%, extending the 1.6% loss in the previous session. The company said Friday that its phase 3 clinical trial of aficamten in symptomatic non-obstructive hypertrophic cardiomyopathy met both primary endpoints.Hutchmed's (HCM) stock was up 1% after the company said a new drug application for fanregratinib to treat liver cancer has been granted conditional approval by China's National Medical Products Administration.Eli Lilly (LLY) stock was up 0.5% after the company said the US Food and Drug Administration approved Mounjaro to lower the risk of major adverse cardiovascular events in adults with type 2 diabetes who are at high risk for those events.

$CYTK$HCM$IBB$LLY$XLV
Sectors

Sector Update: Healthcare

Healthcare stocks were higher premarket Friday, with the State Street Health Care Select Sector SPDR ETF (XLV) gaining by 0.4% and the iShares Biotechnology ETF (IBB) advancing 0.1%.Cytokinetics (CYTK) shares were down more than 5%, extending the 1% loss in the previous session. The company said Friday that its drug aficamten has met both primary endpoints of a late-stage clinical trial treating a non-obstructive heart muscle disorder.

$CYTK$IBB$XLV
Commodities

Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Friday Ahead of Warsh Speech

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was down 0.2% in Friday's premarket activity as markets traded mixed ahead of Fed Chair Kevin Warsh's speech.US stock futures were mixed, with S&P 500 Index futures down 0.03%, Dow Jones Industrial Average futures gaining 0.02%, and Nasdaq futures slipping 0.3% before the start of regular trading.The Chicago PMI for August will be released at 9:45 am ET.Fed Chair Warsh is scheduled to deliver a presentation at the central bank's annual Jackson Hole symposium in Wyoming at 10 am ET.The University of Michigan consumer sentiment report for August is due at 10 am ET.The weekly Baker Hughes domestic oil-and-gas rig count posts at 1 pm ET.In premarket activity, bitcoin was down by 0.4%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.5% lower, Ether ETF (EETH) advanced 0.3%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was 3.3% higher.Power Play:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) was flat Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% higher.PayPal (PYPL) stock was down more than 14% after Bloomberg News reported that buyout firm Advent and payment-processor Stripe have abandoned their bid to buy the company.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.5%, the iShares US Technology ETF (IYW) was 0.1% lower, and the iShares Expanded Tech Sector ETF (IGM) was up 0.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was down 1.2%, while the iShares Semiconductor ETF (SOXX) declined by 0.9%.Marvell Technology (MRVL) shares were down 7% following the company's fiscal Q2 results.EnergyThe iShares US Energy ETF (IYE) was up 3%, while the State Street Energy Select Sector SPDR ETF (XLE) advanced 0.2%.BW LPG (BWLP) stock was down more than 4% before market open after the company reported lower Q2 revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.3%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 0.4%, and the iShares US Consumer Staples ETF (IYK) advanced 0.1%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) was 0.1% higher. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) increased 0.1%.Toyota Motors (TM) shares were up more than 1% pre-bell after Nikkei Asia reported late Thursday that the company is planning to build an electric Sports Utility Vehicle in China.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.3%, the Vanguard Health Care Index Fund (VHT) was up 0.03%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was 0.1% lower.Eli Lilly (LLY) stock was up nearly 1% premarket after the company said that the US Food and Drug Administration approved Mounjaro to lower the risk of major adverse cardiovascular events in adults with type 2 diabetes who are at high risk for those events.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.4%, while the Vanguard Industrials Index Fund (VIS) was flat and the iShares US Industrials ETF (IYJ) was inactive.Saia (SAIA) stock was up more than 1% before the opening bell after Deutsche Bank raised its price target to $370 from $340.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 0.9% to $82.81 per barrel on the New York Mercantile Exchange. Natural gas was down 2.4% at $2.85 per 1 million British Thermal Units. The United States Oil Fund (USO) fell 1%, while the United States Natural Gas Fund (UNG) was 2.2% lower.Gold futures for November were down by 0.4% at $4,647.30 an ounce on the Comex. Silver futures gained 1.5% to reach $71.29 an ounce. SPDR Gold Shares (GLD) decreased 0.1%, and the iShares Silver Trust (SLV) was 1.7% higher.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$BWLP$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$LLY$MRVL$PMR$PYPL$QQQ$RTH$SAIA$SLV$SOXX$SPY$TM$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Asia Markets

Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Thursday Ahead of Fed's Jackson Hole Symposium

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.6%, and the actively traded Invesco QQQ Trust (QQQ) was 1% higher in Thursday's premarket activity, ahead of the US Federal Reserve's Jackson Hole Economic Policy Symposium.US stock futures were mixed, with S&P 500 Index futures up 0.5%, Dow Jones Industrial Average futures slipping 0.01%, and Nasdaq futures gaining 1% before the start of regular trading.US initial jobless claims fell to a level of 203,000 in the week ended Aug. 22 from an upwardly revised 207,000 level in the previous week, in contrast with expectations for an increase to 208,000 in a survey of analysts compiled by Bloomberg as of 7:40 am ET.The US advance international trade in goods deficit widened to $118.81 billion in July from $101.41 billion in June, according to data released by the US Census Bureau.Weekly natural gas stocks will be released at 10:30 am ET, followed by the Kansas City Federal Reserve manufacturing reading for August at 11 am ET.In premarket activity, bitcoin was up by 1.2%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.4% higher, Ether ETF (EETH) advanced 1.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) increased 0.4%.Power Play:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.5%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) retreated 0.6%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.4%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was inactive.Dollar General (DG) shares were up more than 10% pre-bell after the company reported higher fiscal Q2 earnings and revenue.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) gained 2%, the iShares US Technology ETF (IYW) was 0.8% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.7%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) advanced 2.3%, while the iShares Semiconductor ETF (SOXX) rose by 2.8%.Nvidia (NVDA) stock was 7% higher after the company posted overnight higher fiscal Q2 adjusted earnings and revenue.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.5%, the Vanguard Health Care Index Fund (VHT) was up 0.6%, while the iShares US Healthcare ETF (IYH) slipped 0.01%. The iShares Biotechnology ETF (IBB) was 0.3% lower.Moderna (MRNA) stock was down more than 4% premarket after the company said it plans to offer $2 billion worth of convertible senior notes due 2032 in a private placement.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) was down 1.8%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.8% higher.Hyperliquid Strategies (PURR) shares were up 4% in early hours activity after the company reported fiscal 2026 net income Thursday of $305.5 million.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.4%, while the Vanguard Industrials Index Fund (VIS) gained 0.1% and the iShares US Industrials ETF (IYJ) was inactive.GE Vernova (GEV) stock was up more than 2% before the opening bell after the company said it will deliver a new 400-kV gas-insulated switchgear substation in Chesterfield, England, for National Grid projects.EnergyThe iShares US Energy ETF (IYE) was inactive, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.1%.CommoditiesFront-month US West Texas Intermediate crude oil gained by 0.2% to reach $82.37 per barrel on the New York Mercantile Exchange. Natural gas was up 1.9% at $2.90 per 1 million British Thermal Units. The United States Oil Fund (USO) increased 0.6%, while the United States Natural Gas Fund (UNG) was 0.4% higher.Gold futures for November were down by 0.1% at $4,647.60 an ounce on the Comex. Silver futures gained 0.3% to reach $69.02 an ounce. SPDR Gold Shares (GLD) decreased 0.2%, and the iShares Silver Trust (SLV) was 0.2% lower.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$DG$EEM$EETH$EXI$FAS$FAZ$GEV$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$MRNA$NVDA$PMR$PURR$QQQ$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors

Sector Update: Healthcare Stocks Decline Pre-Bell Thursday

Healthcare stocks were declining pre-bell Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.6% lower and the iShares Biotechnology ETF (IBB) down 0.5%.Novo Nordisk (NVO) said China's National Medical Products Administration has accepted its marketing application for the oral version of its weight-loss drug Wegovy, Reuters reported. Novo Nordisk stock was down more than 2% premarket.Moderna (MRNA) shares were down nearly 5% amid the company's plans to offer $2 billion worth of convertible senior notes due 2032 in a private placement.HealthEquity (HQY) stock was down more than 5% even after the company reported higher fiscal Q2 adjusted earnings and revenue.

$HQY$IBB$MRNA$NVO$XLV
Sectors

Sector Update: Healthcare Stocks Lean Lower Pre-Bell Wednesday

Healthcare stocks were leaning lower pre-bell Wednesday, with the State Street Health Care Select Sector SPDR ETF (XLV) down 0.1% and the iShares Biotechnology ETF (IBB) declining by 0.5%.Boston Scientific (BSX) has identified a cybersecurity incident that affected its certain IT systems and led to global disruption in operations, the company said in a filing. Boston Scientific shares were down more than 5% premarket.Jazz Pharmaceuticals' (JAZZ) wholly owned subsidiary plans to offer $1 billion of exchangeable senior notes due 2032, the company said. Jazz Pharmaceuticals stock was down more than 2% pre-bell.Summit Therapeutics (SMMT) partner Akeso reported "positive" results from a phase 3 trial of ivonescimab plus chemotherapy, compared with durvalumab plus chemotherapy as a first-line treatment of advanced biliary tract cancer. Shares of Summit Therapeutics were up more than 12% premarket.

$BSX$IBB$JAZZ$SMMT$XLV
Commodities

Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Wednesday Amid Inflation Data Release

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1%, and the actively traded Invesco QQQ Trust (QQQ) was 0.3% lower in Wednesday's premarket activity as July PCE inflation came in above expectations.US stock futures were mixed, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures gaining 0.03%, and Nasdaq futures slipping 0.2% before the start of regular trading.Mortgage applications fell by 1% in the week ended Aug. 21, a reflection of slightly higher average 30-year fixed mortgage rates, according to Mortgage Bankers Association data released Wednesday.Personal income rose by 0.4% in July following June's 0.2% gain, larger than the expected 0.2% gain in a survey conducted by Bloomberg as of 6:10 am ET.New orders for US durable goods rose by 1.1% in July following an increase of 0.5% in the previous month, compared with the expectations for a smaller increase of 0.5% in a survey compiled by Bloomberg.Weekly crude oil stocks data will be released at 10:30 am ET.Richmond Fed President Tom Barkin is slated to speak on Wednesday.In premarket activity, bitcoin was down by 0.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.7% lower, Ether ETF (EETH) advanced 0.03%, and Bitcoin & Ether Market Cap Weight ETF (BETH) retreated 0.01%.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.2%, the iShares US Technology ETF (IYW) was 0.3% lower, and the iShares Expanded Tech Sector ETF (IGM) was up 0.5%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was 1.8% higher, while the iShares Semiconductor ETF (SOXX) declined by 0.1%.Intuit (INTU) shares were down more than 9% after the company's outlook for fiscal Q1 and fiscal 2027 missed analyst expectations.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated 0.1%, the Vanguard Health Care Index Fund (VHT) advanced 0.8%, while the iShares US Healthcare ETF (IYH) declined 0.9%. The iShares Biotechnology ETF (IBB) was 0.1% higher.Summit Therapeutics (SMMT) stock was up more than 9% premarket after the company said late Tuesday its partner Akeso reported "positive" results from a phase 3 trial of ivonescimab plus chemotherapy, compared with durvalumab plus chemotherapy as a first-line treatment of advanced biliary tract cancer.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.5%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.03% lower.Trupanion (TRUP) shares were down 4% in premarket activity after Piper Sandler downgraded the company to neutral from overweight and cut its price target to $32 from $45.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.2%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 0.6%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advanced 0.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.1% higher.JM Smucker (SJM) shares were up more than 3% pre-bell after the company reported higher fiscal Q1 adjusted earnings and revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.6%, while the Vanguard Industrials Index Fund (VIS) was inactive and the iShares US Industrials ETF (IYJ) was flat.SFL (SFL) stock was up more than 2% before the opening bell after the company posted higher preliminary Q2 basic earnings and operating revenue.EnergyThe iShares US Energy ETF (IYE) was flat, while the State Street Energy Select Sector SPDR ETF (XLE) was down by 0.7%.Eni (E) stock was down more than 1% before market open after losing 2% in the prior session. The company said Tuesday it is working with project partners BP (BP) and Egyptian Petroleum to reach a final investment decision in a few months regarding the major gas discovery Denise West in Egypt's Temsah Concession. BP stock was 1.7% lower.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 2.5% to $80.32 per barrel on the New York Mercantile Exchange. Natural gas was up 2.5% at $2.84 per 1 million British Thermal Units. The United States Oil Fund (USO) decreased 1.1%, while the United States Natural Gas Fund (UNG) was 1.1% higher.Gold futures for November were down by 0.3% at $4,682.80 an ounce on the Comex. Silver futures gained 0.2% to reach $69.60 an ounce. SPDR Gold Shares (GLD) decreased 1%, and the iShares Silver Trust (SLV) was 0.3% lower.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$BP$E$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$INTU$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$PMR$QQQ$RTH$SFL$SJM$SLV$SMMT$SOXX$SPY$TRUP$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors

Sector Update: Healthcare Stocks Edge Higher Premarket Tuesday

Healthcare stocks were edging higher premarket Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) slightly advancing and the iShares Biotechnology ETF (IBB) up 0.2%.Immatics (IMTX) shares were up more than 13% after the company said it has agreed to sell about 12.9 million ordinary shares at $8.69 each, and in lieu of ordinary shares to certain investors, pre-funded warrants to buy up to approximately 4.3 million ordinary shares at $8.689 per pre-funded warrant.Veeva Systems (VEEV) has signed Biogen (BIIB) and Regeneron Pharmaceuticals (REGN) as new users for its Veeva Vault CRM platform, according to statements from Veeva. Shares of Veeva Systems were down 0.1% premarket.Bausch + Lomb (BLCO) stock was up more than 1% after the company said it plans to advance two of its pharmaceutical pipeline assets to new trials based on latest clinical results.

$BIIB$BLCO$IBB$IMTX$REGN$VEEV$XLV
Commodities

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday as Chip Stocks Recover

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.5%, and the actively traded Invesco QQQ Trust (QQQ) was 1% higher in Tuesday's premarket activity as chip stocks recovered from Monday's losses.US stock futures were also higher, with S&P 500 Index futures up 0.5%, Dow Jones Industrial Average futures advancing 0.5%, and Nasdaq futures gaining 1% before the start of regular trading.In premarket activity, bitcoin was up by 0.4%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.5% higher, Ether ETF (EETH) advanced 0.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) increased 2.4%.The Philadelphia Federal Reserve Bank's monthly nonmanufacturing activity index fell to negative 10.6 in August from 7.4 in the previous month, compared with a smaller decrease to 3.6 expected in a Bloomberg survey, indicating contraction in the sector.The Case-Shiller National Home Price index rose by 0.4% in June before seasonal adjustment following a 0.7% increase in May.The FHFA's measure of home prices held steady in June after an unrevised 0.3% increase in the previous month, below the 0.2% gain expected in a survey compiled by Bloomberg.Reports slated for a 10 am ET release include the consumer confidence report and Richmond Fed business conditions data for August, and new-home sales for July.Power Play:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was 0.1% lower, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 0.1%, and the iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 0.2%. The VanEck Retail ETF (RTH) was down 0.4%, while the State Street SPDR S&P Retail ETF (XRT) was flat.Dick's Sporting Goods (DKS) shares were down more than 17% pre-bell after the company reported lower fiscal Q2 non-GAAP earnings and cut its fiscal 2026 guidance.Winners and Losers:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.8%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.7% lower.Bank of Nova Scotia (BNS) shares were up 2% in premarket activity after the company reported higher fiscal Q3 adjusted earnings and revenue.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated 0.1%, the Vanguard Health Care Index Fund (VHT) was up 1%, while the iShares US Healthcare ETF (IYH) advanced 0.5%. The iShares Biotechnology ETF (IBB) was 0.2% higher.Moderna (MRNA) stock was up more than 1% premarket after Wolfe upgraded it to peer perform from underperform.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.5%, while the Vanguard Industrials Index Fund (VIS) and the iShares US Industrials ETF (IYJ) were inactive.SpaceX (SPCX) stock was up more than 1% before the opening bell after Elon Musk said in an X post on Monday that the company plans to launch its first AI satellites run by Nvidia (NVDA) chips in Q4 2027, with the network expected to reach significant scale in 2028.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 1.1%, the iShares US Technology ETF (IYW) was 1.3% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.6%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased 2.9% while the iShares Semiconductor ETF (SOXX) rose by 2.4%.Nvidia (NVDA) shares were up more than 1% in premarket activity after Raymond James lifted its price target for the company to $352 from $330.EnergyThe iShares US Energy ETF (IYE) retreated 0.02%, while the State Street Energy Select Sector SPDR ETF (XLE) was down by 1%.Equinor (EQNR) stock was down more than 1% before market open, following a 1.1% loss in the previous session. The company's Executive Vice President Philippe Mathieu said Equinor plans to boost production outside Norway to 950,000 barrels of oil equivalent per day by 2030, while generating $20 billion of free cash flow from 2026 to 2030.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 3.5% to $82.02 per barrel on the New York Mercantile Exchange. Natural gas was down 1.7% at $2.74 per 1 million British Thermal Units. The United States Oil Fund (USO) decreased 2.9%, while the United States Natural Gas Fund (UNG) was 1.4% lower.Gold futures for November were down by 0.1% at $4,692.70 an ounce on the Comex. Silver futures retreated 0.9% to $68.77 an ounce. SPDR Gold Shares (GLD) decreased 0.4%, and the iShares Silver Trust (SLV) was 1.3% lower.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$BNS$DKS$EEM$EETH$EQNR$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$MRNA$NVDA$PMR$QQQ$RTH$SLV$SOXX$SPCX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Commodities

Exchange-Traded Funds, Equity Futures Fall Pre-Bell Monday as Investors Await Details on US Sanctions Against Iran

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.6% higher in Monday's premarket activity as investors await details of US President Donald Trump's planned sanctions on Iran.US stock futures were also lower, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures retreating 0.5% before the start of regular trading.In premarket activity, bitcoin was up by 1.1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.3% higher, Ether ETF (EETH) advanced 3.1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) gained 2.3%.The Chicago Federal Reserve Bank's monthly National Activity Index fell to a reading of negative 0.08 in July from 0.06 in June, compared with expectations for a smaller decrease to negative 0.05 in a Bloomberg survey.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.9%, the iShares US Technology ETF (IYW) was 0.5% lower, and the iShares Expanded Tech Sector ETF (IGM) was down 0.6%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) declined 1.3% while the iShares Semiconductor ETF (SOXX) fell 1.6%.Parsons (PSN) shares were up nearly 2% after the company said it received a $514 million contract option from the United States Department of Defense's Missile Defense Agency to provide engineering and technical support.Winners and Losers:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.5%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was 0.1% higher, and the iShares US Consumer Staples ETF (IYK) was 0.4% lower. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 0.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was down 1.1%%.Alibaba Group (BABA) shares were down more than 2% pre-bell a day after the company priced a placement of 710 million new shares at 112.70 Hong Kong dollars ($14.38) apiece in Hong Kong for about HK$80 billion in proceeds.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.3%, the Vanguard Health Care Index Fund (VHT) was up 0.4%, while the iShares US Healthcare ETF (IYH) fell 3%. The iShares Biotechnology ETF (IBB) gained 0.3%.GSK's (GSK) stock was down 1% despite the company announcing positive regulatory updates, including approval for Hibsago in Japan and a priority review for Jemperli in the US.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% lower.Aegon (AEG) shares traded up 1% in early-hours activity after the company said it has increased its H2 share buyback program by 150 million euros ($174.9 million) to 350 million euros, effective Monday.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.01%, the Vanguard Industrials Index Fund (VIS) was down 0.1%, and the iShares US Industrials ETF (IYJ) rose 2%.United Airlines (UAL) stock was up more than 1% before the opening bell after CNBC reported Sunday that the air carrier is set to return to JFK airport through a partnership with JetBlue Airways (JBLU) as early as 2027. JetBlue stock also rose 1%.EnergyThe iShares US Energy ETF (IYE) was down 1%, while the State Street Energy Select Sector SPDR ETF (XLE) was 0.3% lower.Eni (E) stock was up more than 1% before market open, extending the previous session's loss. The Financial Times reported Monday that the company is expanding its investment in nuclear fusion, targeting a commercial fusion plant in Europe by the early 2040s or sooner.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 1.7% to reach $85.55 per barrel on the New York Mercantile Exchange. Natural gas was up 1.5% at $2.82 per 1 million British Thermal Units. The United States Oil Fund (USO) decreased 1.3%, while the United States Natural Gas Fund (UNG) was 3.4% higher.Gold futures for November were up by 0.7% at $4,716.00 an ounce on the Comex. Silver futures gained 0.4% to reach $70.05 an ounce. SPDR Gold Shares (GLD) rose 1.1%, and the iShares Silver Trust (SLV) was 0.2% lower.

Dow JonesNasdaq CompositeS&P 500$AEG$BABA$BETH$BITO$E$EEM$EETH$EXI$FAS$FAZ$GLD$GSK$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$JBLU$PMR$PSN$QQQ$RTH$SLV$SOXX$SPY$UAL$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors

Sector Update: Healthcare Stocks Rise Pre-Bell Monday

Healthcare stocks were rising pre-bell Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.4% and the iShares Biotechnology ETF (IBB) gaining 0.2%.Guardant Health (GH) lost a $245.2 million patent infringement lawsuit filed by TwinStrand Biosciences and the University of Washington, TwinStrand said. Guardant Health stock was down more than 2% premarket.United Therapeutics (UTHR) shares were up more than 1% after the company said the US Food and Drug Administration accepted its new drug application for ralinepag to treat pulmonary arterial hypertension.Regenxbio (RGNX) stock was down more than 21% after the company said it does not plan to resubmit the biologics license application for its investigational gene therapy RGX-121 for Hunter syndrome in the near term following a US Food and Drug Administration clinical hold.

$GH$IBB$RGNX$UTHR$XLV
Sectors

Sector Update: Healthcare Stocks Edge Higher Pre-Bell Friday

Healthcare stocks were edging higher pre-bell Friday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.1% and the iShares Biotechnology ETF (IBB) advancing by 0.6%.Arbutus Biopharma (ABUS) shares were up more than 9% after the clinical-stage company said it plans to launch a modified Dutch auction tender offer to repurchase up to $230 million of its common shares at between $5 and $5.75 per share in cash.Aveanna Healthcare Holdings (AVAH) said selling stockholders priced a secondary public offering of 15 million common shares at $11.75 per share. Aveanna Healthcare stock was down nearly 3% premarket.Werewolf Therapeutics (HOWL) and Ambros Therapeutics entered into an all-stock merger agreement to create a Nasdaq-listed biotech focused on developing neridronate for complex regional pain syndrome type 1, the companies said. Shares of Werewolf were up 146% pre-bell.

$ABUS$AVAH$HOWL$IBB$XLV
Commodities

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Bitcoin Moves Past $77,000

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.7% higher in Friday's premarket activity as Bitcoin moved past $77,000 in one of its best weeks.US stock futures were also higher, with S&P 500 Index futures up 0.5%, Dow Jones Industrial Average futures advancing 0.6%, and Nasdaq futures gaining 0.8% before the start of regular trading.The S&P Global flash Composite Purchasing Managers' Index for August will be released at 9:45 am ET.In premarket activity, bitcoin was up by 5.5%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 6% higher, Ether ETF (EETH) advanced 2.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was 0.02% lower.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated 0.3%, the Vanguard Health Care Index Fund (VHT) was up 0.2%, while the iShares US Healthcare ETF (IYH) advanced 3.3%. The iShares Biotechnology ETF (IBB) was 0.6% higher.Aveanna Healthcare (AVAH) stock was down more than 3% premarket after the company said Thursday that selling stockholders priced a secondary public offering of 15 million common shares at $11.75 apiece.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.9%, while the Vanguard Industrials Index Fund (VIS) was up 1.4%, and the iShares US Industrials ETF (IYJ) was flat.GE Vernova (GEV) stock was up nearly 2% before the opening bell after the company said it was selected by Quinbrook for the third stage of the Supernode battery energy storage project in Queensland, Australia, expanding its technology role across all three stages of the development.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.2%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 0.2%, and the iShares US Consumer Staples ETF (IYK) advanced 0.1%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) increased 0.6%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.9% higher.Tesla (TSLA) shares were up more than 1% pre-bell, following a 1.7% retreat in the previous session. China's State Administration for Market Regulation said the EV-maker is recalling more than 5.7 million vehicles in China over two separate safety issues involving emergency door handles and driver-attention monitoring.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.2%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.2% lower.KKR (KKR), alongside Dragoneer Investment Group (DGNR) and insurance distributor Amwins, has agreed to acquire Steadfast Group in a deal worth approximately 7.7 billion Australian dollars ($5.52 billion). Shares of KKR were up more than 1% premarket.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 0.8%, the iShares US Technology ETF (IYW) was 0.9% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.4%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased 1.3%, while the iShares Semiconductor ETF (SOXX) rose by 1.6%.Broadcom (AVGO) shares were up more than 1% in premarket activity after Bloomberg News reported late Thursday that the company is in discussions with a group of lenders to raise as much as $100 billion in debt for an artificial intelligence chip financing deal.EnergyThe iShares US Energy ETF (IYE) gained 0.8%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.1%.Vistra (VST) stock was up more than 1% before market open after Morgan Stanley lifted its price target to $227 from $212.CommoditiesFront-month US West Texas Intermediate crude oil gained by 0.2% to reach $86.99 per barrel on the New York Mercantile Exchange. Natural gas was up 1% at $2.76 per 1 million British Thermal Units. The United States Oil Fund (USO) increased 0.6%, while the United States Natural Gas Fund (UNG) was 0.6% higher.Gold futures for November advanced by 1.3% to $4,628.70 an ounce on the Comex. Silver futures rose 1.8% to $70.14 an ounce. SPDR Gold Shares (GLD) gained 1.1%, and the iShares Silver Trust (SLV) was 1.7% higher.

Dow JonesNasdaq CompositeS&P 500$AVAH$AVGO$BETH$BITO$DGNR$EEM$EETH$EXI$FAS$FAZ$GEV$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$KKR$PMR$QQQ$RTH$SLV$SOXX$SPY$TSLA$UNG$USO$VDC$VHT$VIS$VST$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors

Sector Update: Healthcare Stocks Fall Pre-Bell Thursday

Healthcare stocks were falling pre-bell Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) down 0.6% and the iShares Biotechnology ETF (IBB) declining by 0.9%.Ultragenyx Pharmaceutical (RARE) has received accelerated approval from the US Food and Drug Administration for Genglycos to treat glycogen storage disease type Ia, a rare genetic metabolic disorder due to an enzyme deficiency, the drugmaker said. Ultragenyx Pharmaceutical shares were up more than 7% premarket.Nuvation Bio (NUVB) stock was up more than 2% after the company said it has received US Food and Drug Administration fast-track designation for Safusidenib for the treatment IDH1-mutant glioma.AC Immune (ACIU) shares were up more than 2% after the company said preliminary results from a first-in-human Phase 1 trial of ACI-19764 showed the drug was safe and well tolerated in healthy volunteers.

$ACIU$IBB$NUVB$RARE$XLV

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