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Exchange-Traded Funds, US Equities Lower After Midday

Exchange-Traded Funds, US Equities Lower After Midday

MT newswireMT newswire2026/10/22 17:13
01:13 PM EDT, 10/22/2026 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) lost 2.7%. US equity indexes were lower after midday Thursday as Meta Platforms' (META) quarterly results helped trigger a sell-off in the so-called AI trade while crude oil prices surged. Energy IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each eased about 1.3%. Technology The State Street Technology Select Sector SPDR ETF (XLK) was down 3.3%; iShares US Technology ETF (IYW) shed 3.1%, and iShares Expanded Tech Sector ETF (IGM) was 3.5% lower. The State Street SPDR S&P Semiconductor (XSD) fell 6.1%, and iShares Semiconductor (SOXX) declined 6.4%. Financial The State Street Financial Select Sector SPDR (XLF) added 0.9%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 2.9%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 2.8%. Commodities Crude oil added 1.8%, and the United States Oil Fund (USO) gained 1.5%. Natural gas was up 1.5%, and the United States Natural Gas Fund (UNG) rose 0.6%. Gold on Comex fell 1.2%, and the State Street SPDR Gold Shares (GLD) was down 2.4%. Silver fell 5%, and iShares Silver Trust (SLV) was down 5.3%. Consumer The State Street Consumer Staples Select Sector SPDR (XLP) was 2.7% higher, and the Vanguard Consumer Staples ETF (VDC) added 2.7%. The State Street Consumer Discretionary Select Sector SPDR (XLY) slipped 0.4%. VanEck Retail ETF (RTH) added 0.5%, and the State Street SPDR S&P Retail (XRT) rose 2%. Healthcare The State Street Health Care Select Sector SPDR (XLV) added 1%, and iShares US Healthcare (IYH) gained 0.9%, and Vanguard Health Care ETF (VHT) was up 0.9%. IShares Biotechnology ETF (IBB) was down 1.5%. Industrial The State Street Industrial Select Sector SPDR (XLI) fell 1.4%. Vanguard Industrials Index Fund (VIS) was down 1.4%, and iShares US Industrials (IYJ) shed 1.2%. Cryptocurrency In midday activity, bitcoin (BTC-USD) lost 3.9%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) fell 4%, and ProShares Ether ETF (EETH) dipped 5.3%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.
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