Defence Industry Stock Market Directory
Exchange-Traded Funds and Equity Futures Lower Pre-Bell Monday Amid Concerns Over New Tariffs
• The broad market exchange-traded fund SPDR S&P 500 ETF Trust and the actively traded Invesco QQQ Trust declined 1.7% in pre-market activity due to investor concerns over President Donald Trump’s new tariffs on imports from Canada, Mexico, and China.
• US stock futures were also lower, with S&P 500 Index futures down 1.7%, Dow Jones Industrial Average futures slipping 1.5%, and Nasdaq futures retreating 1.9% before the start of regular trading.
• Bitcoin was down by 2.4% and the cryptocurrency fund ProShares Bitcoin Strategy ETF BITO was 6% lower in premarket activity.
• Industrial Industrial Select Sector SPDR Fund XLI retreated 1.9%, while the Vanguard Industrials Index Fund VIS fell 1.9%.
• Air Industries AIRI stock was up more than 17% before the opening bell after the company reported an amendment to its credit facility with Webster Bank.
• Consumer Staples Select Sector SPDR Fund XLP was down 0.9%, while the Vanguard Consumer Staples Fund VDC slipped 0.7%.
• Technology Technology Select Sector SPDR Fund XLK fell 2.1%, and the iShares US Technology ETF IYW was 2.1% lower.
• Among semiconductor ETFs, SPDR S&P Semiconductor ETF XSD decreased by 2.3%, while the iShares Semiconductor ETF SOXX retreated by 2.8%.
• Energy The iShares US Energy ETF IYE was up 1.1%, while the Energy Select Sector SPDR Fund XLE was up by 0.1%.
• Health Care The Health Care Select Sector SPDR Fund XLV retreated 0.7%, while the Vanguard Health Care Index Fund VHT was down 1%.
• Sanofi SAN stock was down 1.8% premarket after the company said it plans to repurchase about 29.6 million common shares from L’Oreal for a total of 3 billion euros ($3.07 billion).
• Financial Financial Select Sector SPDR Fund XLF was down 1.7%.
• Commodities Front-month US West Texas Intermediate crude oil rose 2.7% to $74.45 per barrel on the New York Mercantile Exchange.
