Commodities
Exchange-Traded Funds, Equity Futures Fall Pre-Bell Tuesday Amid Consumer Inflation Report Release
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 amid the consumer price date report for April.US stock futures were also lower, with S&P 500 Index futures up 0.4%, Dow Jones Industrial Average futures slipping 0.04%, and Nasdaq futures falling 0.9% before the start of regular trading.The NFIB Small Business Optimism Index edged up to 95.9 in April from 95.8 in March, while expectations for business conditions weakened, according to National Federation of Independent Business data on Tuesday.The US seasonally adjusted consumer price index, a measure of inflation, rose by 0.6% in April, as expected and following a 0.9% increase in March, according to data released Tuesday by the Bureau of Labor Statistics. Core CPI, which excludes food and energy prices, rose by 0.4%, higher than the consensus estimate for a 0.3% increase. Core CPI rose by 0.2% in March.In premarket activity, bitcoin was down by 1.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.6% lower, Ether ETF (EETH) retreated 2.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) lost by 1.5%.Power Play:EnergyThe iShares US Energy ETF (IYE) was up 0.8%, while the State Street Energy Select Sector SPDR ETF (XLE) gained by 1.2%.Venture Global (VG) stock was up more than 11% before the opening bell after the company reported higher Q1 earnings and revenue.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated by 0.4%, while the Vanguard Industrials Index Fund (VIS) was inactive and the iShares US Industrials ETF (IYJ) gained 0.04%.Hub Group (HUBG) stock was down more than 5% before the opening bell after the company said it filed a Form 12b-25 with the US Securities and Exchange Commission to delay its Q1 2026 Form 10-Q filing as it continues work on previously disclosed financial restatements.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.2% and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was flat. 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) decreased by 0.5%.GameStop's (GME) shares were down more than 4% pre-bell after eBay (EBAY) said its board has rejected an unsolicited, non-binding buyout offer from GameStop.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.2%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% lower.Figure Technology Solutions (FIGR) shares were up more than 4% pre-bell after the company swung to a Q1 net income and higher revenue.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 1.2%, and the iShares US Technology ETF (IYW) was 1.5% lower, while the iShares Expanded Tech Sector ETF (IGM) was down 1.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) fell 1.1%, while the iShares Semiconductor ETF (SOXX) lost 2.2%.Qnity Electronics (Q) shares were up more than 3% in premarket activity after the company reported higher Q1 adjusted earnings and net sales.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.4%, the Vanguard Health Care Index Fund (VHT) gained by 0.5%, while the iShares US Healthcare ETF (IYH) slipped 0.2%. The iShares Biotechnology ETF (IBB) was flat.Novo Nordisk (NVO) stock was up more than 2% premarket after the company said the higher dose of Wegovy helped people with obesity lose "significant amounts" of weight irrespective of how quickly their body responds to the treatment, based on a new sub-analysis from a clinical trial.CommoditiesFront-month US West Texas Intermediate crude oil rose 3.6% to $101.55 per barrel on the New York Mercantile Exchange. Natural gas was down 0.4% at $2.90 per 1 million British Thermal Units. The United States Oil Fund (USO) advanced 3.3%, while the United States Natural Gas Fund (UNG) was 1.5% lower.Gold futures for May declined by 0.4% to $4,709.30 an ounce on the Comex. Silver futures fell 1.8% to $84.37 an ounce. SPDR Gold Shares (GLD) was 0.7% lower, and the iShares Silver Trust (SLV) fell by 2.8%.
Dow JonesNasdaq CompositeS&P 500$BETH$BITO$EBAY$EEM$EETH$EXI$FAS$FAZ$FIGR$GLD$GME$HUBG$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NVO$PMR$Q$QQQ$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VG$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
