Financial Wire

Exchange-Traded Funds Rise as US Equities Edge Higher After Midday

Broad Market IndicatorsBroad-market exchange-traded funds IWM and IVV advanced. Actively traded Invesco QQQ Trust (QQQ) was up 3.1%.US equity indexes jumped while crude oil futures sank as a conditional two-week ceasefire agreement with Iran boosted investor confidence and eased geopolitical tensions.EnergyIShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each dropped about 4.6%.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) added 3.3%; iShares US Technology ETF (IYW) was 3.5% higher, while iShares Expanded Tech Sector ETF (IGM) rose 3.7%.The State Street SPDR S&P Semiconductor (XSD) advanced 5.3%, and iShares Semiconductor (SOXX) was up 6.2%.FinancialThe State Street Financial Select Sector SPDR (XLF) gained 2.5%. Direxion Daily Financial Bull 3X Shares (FAS) climbed up 7.3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 7.5%.CommoditiesCrude oil dropped 15.7%, and the United States Oil Fund (USO) shed 11.5%. Natural gas fell 5%, and the United States Natural Gas Fund (UNG) was down 4.5%.Gold on Comex was up 2.1%, and the State Street SPDR Gold Shares (GLD) added 1.3%. Silver rose 5.2%, and iShares Silver Trust (SLV) gained 3.9%.ConsumerThe State Street Consumer Staples Select Sector SPDR (XLP) rose 1.2%. The Vanguard Consumer Staples ETF (VDC) added 1.3%, and iShares Dow Jones US Consumer Goods (IYK) was 0.9% higher.The State Street Consumer Discretionary Select Sector SPDR (XLY) rose 3.3%. VanEck Retail ETF (RTH) added 2.3%, while the State Street SPDR S&P Retail (XRT) was up 2.7%.Health CareThe State Street Health Care Select Sector SPDR (XLV) climbed 1.9%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also moved higher. IShares Biotechnology ETF (IBB) rose 1.9%.IndustrialThe State Street Industrial Select Sector SPDR (XLI) advanced 3.6%. Vanguard Industrials Index Fund (VIS) rose 3.9%, and iShares US Industrials (IYJ) was up 3.7%.CryptocurrencyIn midday activity, bitcoin (BTC-USD) rose 3.7%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 3.8%, ProShares Ether ETF (EETH) gained 3.9%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was up 2.8%.

-- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV advanced. Actively traded Invesco QQQ Trust (QQQ) was up 3.1%.

US equity indexes jumped while crude oil futures sank as a conditional two-week ceasefire agreement with Iran boosted investor confidence and eased geopolitical tensions.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each dropped about 4.6%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) added 3.3%; iShares US Technology ETF (IYW) was 3.5% higher, while iShares Expanded Tech Sector ETF (IGM) rose 3.7%.

The State Street SPDR S&P Semiconductor (XSD) advanced 5.3%, and iShares Semiconductor (SOXX) was up 6.2%.

Financial

The State Street Financial Select Sector SPDR (XLF) gained 2.5%. Direxion Daily Financial Bull 3X Shares (FAS) climbed up 7.3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 7.5%.

Commodities

Crude oil dropped 15.7%, and the United States Oil Fund (USO) shed 11.5%. Natural gas fell 5%, and the United States Natural Gas Fund (UNG) was down 4.5%.

Gold on Comex was up 2.1%, and the State Street SPDR Gold Shares (GLD) added 1.3%. Silver rose 5.2%, and iShares Silver Trust (SLV) gained 3.9%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) rose 1.2%. The Vanguard Consumer Staples ETF (VDC) added 1.3%, and iShares Dow Jones US Consumer Goods (IYK) was 0.9% higher.

The State Street Consumer Discretionary Select Sector SPDR (XLY) rose 3.3%. VanEck Retail ETF (RTH) added 2.3%, while the State Street SPDR S&P Retail (XRT) was up 2.7%.

Health Care

The State Street Health Care Select Sector SPDR (XLV) climbed 1.9%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also moved higher. IShares Biotechnology ETF (IBB) rose 1.9%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) advanced 3.6%. Vanguard Industrials Index Fund (VIS) rose 3.9%, and iShares US Industrials (IYJ) was up 3.7%.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) rose 3.7%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 3.8%, ProShares Ether ETF (EETH) gained 3.9%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was up 2.8%.