The broad market exchange-traded fund SPDR S&P 500 ETF Trust ($SPY) saw a slight increase of 0.1%, while the actively traded Invesco QQQ Trust ($QQQ) experienced a decrease of 0.1% in Friday's premarket activity as markets showed mixed results following a hectic week of trading. US stock futures also exhibited varying trends, with S&P 500 Index futures down 0.03%, Dow Jones Industrial Average futures rising by 0.1%, and Nasdaq futures falling by 0.2% ahead of regular trading. Today at 10 am ET, the University of Michigan will release November's consumer sentiment report, followed by the weekly Baker Hughes domestic oil-and-gas rig count at 1 pm ET. Federal Reserve Governor Michelle Bowman is scheduled to speak at 11 am ET, and St.
Louis Fed President Alberto Musalem will address at 2:30 pm ET. In premarket activity, bitcoin fell by 0.5%, with the cryptocurrency fund ProShares Bitcoin Strategy ETF ($BITO) decreasing by 0.3%. Power Play: Health Care The Health Care Select Sector SPDR Fund ($XLV) gained 0.1%, while the Vanguard Health Care Index Fund ($VHT) remained flat, and iShares US Healthcare ETF ($IYH) showed no activity.
In contrast, the iShares Biotechnology ETF ($IBB) rose by 0.2%. Fortrea Holdings ($FTRE) saw its stock rise by more than 19% in premarket trading after reporting Q3 revenue that aligned with Capital IQ analyst estimates. Winners and Losers: Consumer The Consumer Staples Select Sector SPDR Fund ($XLP) increased by 0.04%, and the Vanguard Consumer Staples Fund ($VDC) climbed by 1.8%.
The iShares US Consumer Staples ETF ($IYK) was inactive, while the Consumer Discretionary Select Sector SPDR Fund ($XLY) lost 0.1%. Inactivity was also seen in the VanEck Retail ETF ($RTH), while the SPDR S&P Retail ETF ($XRT) advanced by 0.3%. However, Bloomin' Brands ($BLMN) shares dropped by over 10% before the bell, following the announcement of lower fiscal Q3 adjusted earnings and revenue, along with a reduction in its guidance for 2024 adjusted earnings and US comparable restaurant sales. Industrial The Industrial Select Sector SPDR Fund ($XLI) increased slightly by 0.3%, whereas the Vanguard Industrials Index Fund ($VIS) and iShares US Industrials ETF ($IYJ) were inactive. CNH Industrial ($CNH) experienced a decline of over 10% before the opening bell, attributed to the release of lower Q3 adjusted earnings and revenue that did not meet analysts' expectations. Technology The Technology Select Sector SPDR Fund (XLK) saw a minimal decline of 0.04%, while the iShares US Technology ETF ($IYW) slipped by 0.1%.
The iShares Expanded Tech Sector ETF ($IGM.US) managed an increase of 0.2%. Within semiconductor ETFs, SPDR S&P Semiconductor ETF ($XSD) was flat, contrasted with a drop of 0.5% in the iShares Semiconductor ETF ($SOXX). Sony Group ($SONY) shares climbed by more than 7% in Friday's premarket activity after reporting increased fiscal Q2 earnings and revenue, along with raised fiscal 2025 revenue guidance. Energy The iShares US Energy ETF ($IYE) showed no activity while the Energy Select Sector SPDR Fund ($XLE) decreased by 0.1%. Icahn Enterprises (IEP) shares fell by more than 5% prior to Friday's opening, following the company's report of decreased Q3 revenue and a decision to halve its quarterly distribution. Financial The Financial Select Sector SPDR Fund (XLF) grew by 0.3%.
Additionally, Direxion Daily Financial Bull 3X Shares ($FAS.US) saw an uptick of 0.3%, whereas its bearish counterpart, Direxion Daily Financial Bear 3X Shares ($FAZ), declined by 0.5%. Valley National Bancorp ($VLY) shares fell more than 4% in premarket trading on Friday after the bank announced it priced a public offering of 42.8 million common shares at $9.35 each, expected to yield $400 million in gross proceeds. Commodities Front-month US West Texas Intermediate crude oil decreased by 1.7%, landing at $71.14 per barrel on the New York Mercantile Exchange.
Natural gas rose by 1.2%, reaching $2.72 per 1 million British Thermal Units. The United States Oil Fund (USO) was down 1.1%, while the United States Natural Gas Fund (UNG) increased by 0.7%. Gold futures for December saw a drop of 0.3%, settling at $2,696.70 an ounce on the Comex, and silver futures declined nearly 1%, reaching $31.56 an ounce.
The SPDR Gold Shares ($GLD) slipped by 0.5%, with the iShares Silver Trust ($SLV) falling 1.3%..