Exchange-Traded Funds Higher, US Equities Mixed After Midday Tuesday

Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) added 1.2%. US equity indexes traded mixed, with the Nasdaq Composite and the S&P 500 gaining, as the June inflation rate fell for the first time in more than six years and President Donald Trump withdrew plans to impose a levy on cargo transiting the Strait of Hormuz in the Persian Gulf. Energy IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each lost about 0.3%. Technology The State Street Technology Select Sector SPDR ETF (XLK) gained 1.6%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were each up 1.5%. The State Street SPDR S&P Semiconductor (XSD) increased 1.8%, and iShares Semiconductor (SOXX) climbed 3.2%. Financial The State Street Financial Select Sector SPDR (XLF) rose 0.4%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 1.1%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 1%. Commodities Crude oil climbed 1.1%, and the United States Oil Fund (USO) moved up 1.2%. Natural gas was unchanged, and the United States Natural Gas Fund (UNG).