Exchange-Traded Funds, US Equities Rise After Midday

BY MT Newswires | ECONOMIC | 08/22/25 01:13 PM EDT

01:13 PM EDT, 08/22/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 1.4%.

US equity indexes surged after midday trading on Friday as bets in favor of a restart of monetary policy easing in September soared after Federal Reserve Chair Jerome Powell indicated a potential policy pivot.

Energy

iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each rose about 2.1%.

Technology

Technology Select Sector SPDR ETF (XLK) climbed 1.4%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also moved higher.

SPDR S&P Semiconductor (XSD) gained 4.1%, and iShares Semiconductor (SOXX) was up 3%.

Financial

Financial Select Sector SPDR (XLF) added 1.8%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 5.4%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), retreated 5.3%.

Commodities

Crude oil rose 0.2%, and the United States Oil Fund (USO) was up 0.4%. Natural gas dropped 3.9%, and the United States Natural Gas Fund (UNG) shed 4%.

Gold gained 1% on Comex, and SPDR Gold Shares (GLD) rose 0.9%. Silver gained 2.3%, and iShares Silver Trust (SLV) added 2.2%.

Consumer

Consumer Staples Select Sector SPDR (XLP) rose 0.1%; Vanguard Consumer Staples ETF (VDC) rose 0.1%, and the iShares Dow Jones US Consumer Goods (IYK) lost 0.1%.

Consumer Discretionary Select Sector SPDR (XLY) gained 2.6%, and VanEck Retail ETF (RTH) and SPDR S&P Retail (XRT) also moved higher.

Health Care

Health Care Select Sector SPDR (XLV) added 0.9%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were also up. iShares Biotechnology ETF (IBB) rose 1.2%.

Industrial

Industrial Select Sector SPDR (XLI) gained 2.1%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were also rising.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) rose 3.3%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 3.8%, ProShares Ether ETF (EETH) advanced 12%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) gained 5.5%.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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