Treasury Yields Fall While Exchange-Traded Funds, US Equities Mixed

Broad Market Indicators

Broad-market exchange-traded funds, including IWM and IVV, were trading mixed. Actively-traded Invesco QQQ Trust (QQQ) was fractionally higher.

US benchmark stock indexes were also mixed in midday trading Friday, while government bond yields dropped and the dollar gained.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both fell 0.4%.

Technology

Technology Select Sector SPDR ETF (XLK) was up 0.2%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were higher.

SPDR S&P Semiconductor (XSD) declined 0.5% while iShares PHLX Semiconductor (SOXX) gained 0.3%.

Financial

Financial Select Sector SPDR (XLF) contracted 0.8%. Direxion Daily Financial Bull 3X shares (FAS) was down 2.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 2.6%.

Commodities

Crude was down 0.2%; United States Oil Fund (USO) fell 0.3%. Natural gas was down 1.1% and the United States Natural Gas Fund (UNG) declined 1.1%.

Gold was down 0.8% based on Comex, and SPDR Gold Shares (GLD) fell 0.7%. Silver was down 0.6% and iShares Silver Trust (SLV) slid 0.2%.

Consumer

Consumer Staples Select Sector SPDR (XLP) decreased 0.4%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were lower.

Consumer Discretionary Select Sector SPDR (XLY) fell 0.9%; retail funds VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were lower.

Health Care

Health Care Select Sector SPDR (XLV) slid 0.2% and other funds iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. Biotech ETF iShares NASDAQ Biotechnology ETF (IBB) was down 0.7%.

Industrial

Select Sector SPDR-Industrial (XLI) fell 0.3% while other industrial funds iShares U.S. Industrials (IYJ), and Vanguard Industrials (VIS) were lower.