Broad Market Indicators
Broad-market exchange-traded funds IWM rose and IVV declined. Actively traded Invesco QQQ Trust (QQQ) lost 0.9%.
US equity indexes traded mixed as consumer discretionary and technology declined amid traders pricing in a higher probability of a bigger, 50 basis-point interest-rate cut this week in what will be the Federal Reserve's last policy announcement before the US presidential elections.
Energy
iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) added 0.7% each.
Technology
Technology Select Sector SPDR ETF (XLK) fell 0.9%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.
SPDR S&P Semiconductor (XSD) dipped 2.3%, and iShares Semiconductor (SOXX) was 2.5% lower.
Financial
Financial Select Sector SPDR (XLF) added 1.1%. Direxion Daily Financial Bull 3X Shares (FAS) was 3.1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 3.1% lower.
Commodities
Crude was up 1.6%; United States Oil Fund (USO) gained 0.6%. Natural gas rose 3.2%, and the United States Natural Gas Fund (UNG) rose 1.9%.
Gold edged down less than 0.1% on Comex, and SPDR Gold Shares (GLD) fell fractionally. Silver was 0.2% higher, and iShares Silver Trust (SLV) rose 0.1%.
Consumer
Consumer Staples Select Sector SPDR (XLP) was up 0.3%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.
Consumer Discretionary Select Sector SPDR (XLY) dropped 0.3%; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were mixed with the latter being higher.
Health Care
Health Care Select Sector SPDR (XLV) was up 0.5%; iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were higher. iShares NASDAQ Biotechnology ETF (IBB) added 0.2%.
Industrial
Select Sector SPDR-Industrial (XLI) rose 0.4%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were higher.
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