On Monday, broad-market exchange-traded funds displayed mixed performance, with the iShares Russell 2000 ETF (IWM) rising while the iShares Core S&P 500 ETF (IVV) declined. The actively traded Invesco QQQ Trust (QQQ) saw a slight drop of 0.1%. Meanwhile, U.S. equity indexes faced declines as government bond yields fell and the dollar weakened, triggered by a pivotal poll that raised doubts about the increasing expectations for former President Donald Trump's potential return to the White House.
In the energy sector, the iShares U.S. Energy ETF (IYE) increased by 1.6%, while the Energy Select Sector SPDR (XLE) gained 1.4%. The technology sector showed some resilience as well, with the Technology Select Sector SPDR ETF (XLK) climbing 0.2%. Notable ETFs in this sector, such as the iShares U.S.
Technology ETF (IYW) and the iShares Expanded Tech Sector ETF (IGM), both experienced fractional gains. The SPDR S&P Semiconductor ETF (XSD) saw a 0.4% rise, whereas the iShares Semiconductor ETF (SOXX) barely budged, decreasing by 0.01%. Conversely, the financial sector faced headwinds, with the Financial Select Sector SPDR (XLF) dropping by 0.8%.
Additionally, the Direxion Daily Financial Bull 3X Shares (FAS) fell by 2%, in stark contrast to the bullish Direxion Daily Financial Bear 3X Shares (FAZ), which rose 2%. In commodity markets, crude oil surged by 3%, and the United States Oil Fund (USO) followed suit with a 2.9% increase. Natural gas prices also saw a rise of 3.9%, while the United States Natural Gas Fund (UNG) appreciated by 3.5%.
In precious metals, gold prices fell by 0.2% on the Comex, though SPDR Gold Shares (GLD) gained a marginal 0.1%. Silver prices dipped by 0.3%, while the iShares Silver Trust (SLV) saw a slight uptick of 0.2%. In consumer sectors, the Consumer Staples Select Sector SPDR (XLP) reported a 0.4% increase; both the Vanguard Consumer Staples ETF (VDC) and the iShares Dow Jones U.S.
Consumer Goods ETF (IYK) recorded higher values. On the other hand, the Consumer Discretionary Select Sector SPDR (XLY) edged down by 0.2%; the VanEck Vectors Retail ETF (RTH) fell by 0.1%, whereas the SPDR S&P Retail ETF (XRT) increased by 1.1%. In health care, the Health Care Select Sector SPDR (XLV) dropped by 0.6%, while both the iShares U.S.
Healthcare ETF (IYH) and the Vanguard Health Care ETF (VHT) were trending lower. The iShares NASDAQ Biotechnology ETF (IBB) managed a modest gain of 0.3%. Within industrials, the Select Sector SPDR-Industrial ETF (XLI) decreased by 0.2%, with the Vanguard Industrials ETF (VIS) and iShares U.S. Industrials ETF (IYJ) showing declines..