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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