The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.03% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% lower in Tuesday's premarket activity as concerns around the impact of tariffs and interest rate uncertainty continue to cloud sentiment.

US stock futures were mixed, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures retreating 0.1% before the start of regular trading.

The July housing starts and permits bulletin will be released at 8:30 am ET, followed by the Q2 e-commerce retail sales report at 10 am ET.

Federal Reserve Governor Michelle Bowman speaks on Tuesday.

In premarket activity, bitcoin was down by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.7% lower, Ether ETF (EETH) was down 1.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.1%.

Power Play:

Financial

Financial Select Sector SPDR Fund (XLF) was flat. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.03%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% higher.

X Financial (XYF) shares were up more than 8% in premarket activity Tuesday after the company reported higher Q2 results.

Winners and Losers:

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.03%, and the iShares US Technology ETF (IYW) was flat, while the iShares Expanded Tech Sector ETF (IGM) was inactive. Among semiconductor ETFs, SPDR S&P Semiconductor ETF (XSD) was inactive, while the iShares Semiconductor ETF (SOXX) was up by 0.1%.

Palo Alto Networks (PANW) shares were up more than 6% in recent premarket activity after the company overnight reported a stronger-than-expected increase in fiscal Q4 earnings and sales.

Consumer

The Consumer Staples Select Sector SPDR Fund (XLP) was up marginally by 0.01%, while the Vanguard Consumer Staples Fund (VDC) was inactive. The iShares US Consumer Staples ETF (IYK) was inactive, and the Consumer Discretionary Select Sector SPDR Fund (XLY) lost 0.4%. The VanEck Retail ETF (RTH) and the SPDR S&P Retail ETF (XRT) were inactive.

Amer Sports (AS) shares were down more than 3% pre-bell even after the company reported higher Q2 financial results.

Health Care

The Health Care Select Sector SPDR Fund (XLV) advanced 0.1%. The Vanguard Health Care Index Fund (VHT) was up 0.2% while the iShares US Healthcare ETF (IYH) gained 0.02%. The iShares Biotechnology ETF (IBB) was inactive.

Medtronic (MDT) stock was down more than 2% premarket. The company reported higher fiscal Q1 non-GAAP earnings and adjusted revenue.

Industrial

Industrial Select Sector SPDR Fund (XLI) retreated 0.02% while the Vanguard Industrials Index Fund (VIS) and the iShares US Industrials ETF (IYJ) were inactive.

AeroVironment (AVAV) stock was up more than 2% before the opening bell after Mercury Systems (MRCY) said it has signed a new production deal with AeroVironment to supply technology for two more BADGER ground communication systems as part of the US Space Force's $1.40 billion Satellite Communication Augmentation Resource program.

Energy

The iShares US Energy ETF (IYE) was inactive, while the Energy Select Sector SPDR Fund (XLE) was down by 0.1%.

Indonesia Energy (INDO) stock was down more than 1% before Tuesday's opening bell. The company said it signed an MOU with a Brazilian energy company to explore potential oil and gas-related projects in Brazil.

Commodities

Front-month US West Texas Intermediate crude oil was down 1% at $62.79 per barrel on the New York Mercantile Exchange. Natural gas retreated 1.8% to $2.84 per 1 million British Thermal Units. United States Oil Fund (USO) declined 0.9%, while the United States Natural Gas Fund (UNG) fell 2%

Gold futures for December gained 0.2% to reach $3,386 an ounce on the Comex, while silver futures were up 0.3% at $38.62 an ounce. SPDR Gold Shares (GLD) advanced 0.2%, and the iShares Silver Trust (SLV) was marginally higher.