Uber Technologies Inc UBER:NYSE

Last Price$27.70NYSE Closing Price as of 4:10PM ET 12/05/22
NYSE 15-minute delayed Bid/Ask Quotes
Today's Change-1.05(3.65%)
Bid (Size)$27.66 (1)
Ask (Size)$27.70 (3)
Day Low / High$27.65 - 28.86
Volume17.4 M

ETF Preview: ETFs, Futures Sliding Pre-Bell Ahead of Consumer Sentiment Report

9:11AM ET 9/16/2022 MT Newswires
Broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) fell nearly 2% in premarket activity Friday, and the actively traded Invesco QQQ Trust Series (QQQ) declined 1.2%.

US stock futures were also lower, with the S&P 500 down nearly 1% ahead of the start of trading.

Traders will be looking at the University of Michigan's September consumer sentiment report, which posts at 10 am ET.

The Baker Hughes weekly North American oil-and-gas rig count is due for publication at 1 pm ET.

In premarket action, bitcoin was nearly 2% lower, while cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) fell about 0.3%.

Power Play: Health Care

The Health Care SPDR (XLV) was inching off by 0.7%, while iShares Dow Jones US Healthcare (IYH) was inactive. Vanguard Health Care ETF (VHT) and iShares Biotechnology ETF (IBB) were flat.

AstraZeneca (AZN) added more than 1% after it said the European Medicines Authority's Committee for Medicinal Products for Human Use recommended the approval of Beyfortus for the prevention of lower respiratory tract disease caused by the respiratory syncytial virus, or RSV. The company is developing Beyfortus, or nirsevimab, in partnership with Sanofi (SNY), which was down 0.8%.

Winners and Losers

Technology

Technology Select Sector SPDR ETF (XLK) retreated by 1%. iShares Dow Jones US Technology ETF (IYW) and iShares S&P North American Technology ETF (IGM) were each flat.

Among semiconductor ETFs, SPDR S&P Semiconductor (XSD) was unchanged, and the Semiconductor Sector Index Fund (SOXX) was off 1%.

Uber Technologies (UBER) tumbled by 4% after it confirmed in a tweet Friday reports that it is "responding" to a cybersecurity incident and has notified law enforcement.

Financials

Select Financial Sector SPDR (XLF) was off more than 1%. Direxion Daily Financial Bull 3X Shares (FAS) fell 3.7%, while bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was surging 3.6%.

Trinity Capital (TRIN) gained near 1% after it said Thursday its board declared a regular dividend of $0.45 per share, up from $0.42 previously, in addition to a supplemental cash dividend of $0.15 per share.

Consumer

Consumer Staples Select Sector SPDR (XLP), Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were all flat.

Consumer Discretionary Select Sector SPDR (XLY) declined by 2.2%, while VanEck Retail ETF (RTH) was up 0.04%. SPDR S&P Retail (XRT) was down 1.8%.

Esports Entertainment Group (GMBL) shares plummeted by nearly 42% after the company on Thursday priced an underwritten public offering of 30 million common shares and accompanying warrants to purchase as many shares at $0.25 per share and warrant for expected gross proceeds of about $7.5 million.

Industrial

Industrial Select Sector SPDR (XLI) and iShares US Industrials (IYJ) each lost over 2%, while Vanguard Industrials Index Fund (VIS) was flat.

Chart Industries (GTLS) shares were up 0.1% after the company and energy industry contractor CAT Group said they have entered into a memorandum of understanding to provide carbon capture offerings to customers in the Middle East and Africa.

Commodities

Front-month US West Texas Intermediate crude oil gained 0.1%, and natural gas plummeted by nearly 3%. United States Oil Fund (USO) edged up 0.1%, and the United States Natural Gas Fund (UNG) declined 3%.

Gold was down by about 0.5% and silver fell 1.3%; SPDR Gold Trust (GLD) lost 0.4% and iShares Silver Trust (SLV) lost 0.7%.

Energy

Dow Jones US Energy Fund (IYE) was down 0.7%, while the Energy Select Sector SPDR ETF (XLE) was down 0.8%.

Eni (E), ExxonMobil (XOM), TotalEnergies (TTE), and Shell (SHEL) were all in the red after Reuters reported Friday, citing Kazakh Energy Minister Bulat Akchulakov, that Kazakhstan's Kashagan oilfield would resume oil production at normal levels in October.