In today's market, the broad-market exchange-traded fund IWM saw an increase, while IVV experienced a decline. The Invesco QQQ Trust (QQQ), which is actively traded, was slightly down. US equity indexes displayed a mixed performance, with most government bond yields rising along with the dollar as caution prevailed among investors in anticipation of an expected tick-up in the month-over-month headline inflation. In the energy sector, the iShares US Energy ETF (IYE) gained marginally, whereas the Energy Select Sector SPDR (XLE) saw a slight downturn.
The technology sector faced challenges as the Technology Select Sector SPDR ETF (XLK) dipped by 1.1%, with both the iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also lower. The SPDR S&P Semiconductor (XSD) dropped 2.1% and the iShares Semiconductor (SOXX) followed suit with a 2.2% decline. Looking at the financial sector, the Financial Select Sector SPDR (XLF) rose by 0.2%.
Both the Direxion Daily Financial Bull 3X Shares (FAS) and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), exhibited small changes, with FAS increasing by 0.1% and FAZ decreasing by 0.3%. In commodities, crude oil prices increased by 0.7%, and the United States Oil Fund (USO) added 1%.
Natural gas prices saw a decline of 1.5%, and the United States Natural Gas Fund (UNG) fell by 1.1%. Meanwhile, gold prices rose by 1.3% on the Comex floor, with SPDR Gold Shares (GLD) gaining 1.4%. Silver prices advanced by 0.2%, and the iShares Silver Trust (SLV) climbed by 0.8%. Consumer sector movements showed the Consumer Staples Select Sector SPDR (XLP) adding 0.4%, while the Vanguard Consumer Staples ETF (VDC) climbed by 0.5%.
The iShares Dow Jones US Consumer Goods (IYK) saw a 0.3% increase. The Consumer Discretionary Select Sector SPDR (XLY) gained 0.9%, and both the VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) experienced advancements. In healthcare, the Health Care Select Sector SPDR (XLV) dropped 0.3%, while the iShares US Healthcare (IYH) rose.
The Vanguard Health Care ETF (VHT) also saw a decline, and the iShares NASDAQ Biotechnology ETF (IBB) dropped by 0.3%. Lastly, in the industrial sector, the Select Sector SPDR-Industrial (XLI) fell by 0.1%. There was a mixed performance with Vanguard Industrials (VIS) and iShares US Industrials (IYJ), with the latter showing a fractional gain..