Exchange-Traded Funds Decline, US Equities Mixed After Midday

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) shed 1%.

US equity indexes were mixed in midday trading on Monday as crude oil futures rose amid reports of an updated peace proposal from Iran to end the war.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each rose about 1.9%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) shed 1.9%; iShares US Technology ETF (IYW) fell 1.5%, and iShares Expanded Tech Sector ETF (IGM) was down 1.5%.

The State Street SPDR S&P Semiconductor (XSD) dropped 4.3%, and iShares Semiconductor (SOXX) was down 3.2%.

Financial

The State Street Financial Select Sector SPDR (XLF) gained 0.8%. Direxion Daily Financial Bull 3X Shares (FAS) climbed 2.5%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 2.4%.

Commodities

Crude oil rose 1.5%, and the United States Oil Fund (USO) added 1.9%. Natural gas gained 1.9%, and the United States Natural Gas Fund (UNG) was up 1.9%.

Gold on Comex eased 0.3%, and the State Street SPDR Gold Shares (GLD) rose 0.1%. Silver dropped 0.5%, and iShares Silver Trust (SLV) added 0.9%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) rose 0.9%. The Vanguard Consumer Staples ETF (VDC) gained 0.8%, and iShares Dow Jones US Consumer Goods (IYK) was up 0.5%.

The State Street Consumer Discretionary Select Sector SPDR (XLY) lost 0.2%. VanEck Retail ETF (RTH) rose 0.9%, and the State Street SPDR S&P Retail (XRT) added 0.2%.

Healthcare

The State Street Health Care Select Sector SPDR (XLV) was up 0.1%, iShares US Healthcare (IYH) added 0.1%, and Vanguard Health Care ETF (VHT) rose fractionally. IShares Biotechnology ETF (IBB) eased 1.5%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) dipped 0.7%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were also lower.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) fell 2.5%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) lost 3.6%, ProShares Ether ETF (EETH) was down 5.6%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was 4% lower.