Broad-market exchange-traded funds IWM and IVV rose significantly. The actively traded Invesco QQQ Trust (QQQ) added 1.9% amid increased investor confidence. US equity indexes experienced a notable jump, driven by positive inflation data that helped alleviate concerns about a potential partial government shutdown. In the energy sector, iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) gained 1.2% each, reflecting a robust market reaction. On the technology front, Technology Select Sector SPDR ETF (XLK) rose 2%; the iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also experienced gains.
SPDR S&P Semiconductor (XSD) saw a rise of 2.5%, while iShares Semiconductor (SOXX) added 2.6%. Financial markets shifted positively as Financial Select Sector SPDR (XLF) was up by 2%. Direxion Daily Financial Bull 3X Shares (FAS) added 5.4%, contrasting with its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ), which fell by 5.4%. Looking at commodities, crude oil prices were up 0.3%, and the United States Oil Fund (USO) rose 0.8%.
Natural gas prices surged by 4.5%, with the United States Natural Gas Fund (UNG) adding 2.2%. In precious metals, gold increased by 1.3% on Comex, with SPDR Gold Shares (GLD) rising by 1.2%. Silver climbed 1.9% while iShares Silver Trust (SLV) rose 1%. The consumer sector also saw activity, as Consumer Staples Select Sector SPDR (XLP) rose by 0.8%.
Vanguard Consumer Staples ETF (VDC) gained 0.6%, while iShares Dow Jones US Consumer Goods (IYK) was up by 0.9%. On the discretionary side, Consumer Discretionary Select Sector SPDR (XLY) rose 1.7%, with mixed results for retail funds, as the VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) fluctuated. Health care stocks remained strong, with Health Care Select Sector SPDR (XLV) rising by 2.1%.
Both iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) showed gains, while IShares Biotechnology ETF (IBB) added 1.9%. In industrials, Select Sector SPDR-Industrial (XLI) recorded an increase of 1.8%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) also edged higher, reflecting the overall market momentum..