Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Friday Amid Investor Caution

09:14 AM EDT, 10/16/2026 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2%, while the actively traded Invesco QQQ Trust (QQQ) was down 0.1% in Friday's premarket activity as investors remained cautious about AI-sector valuations. US stock futures were also mixed, with S&P 500 Index futures up 0.2%, Dow Jones Industrial Average futures gaining 0.4%, and Nasdaq futures slipping 0.04% before the start of regular trading. US import prices rose by 1.1% in September, slightly above the 1% gain expected in a survey compiled by Bloomberg and following a 0.5% increase in August. The New York Federal Reserve's services index fell to negative 20.7 in October from negative 8.7 in September, compared with an expected increase to a reading of negative 4.1 in a survey compiled by Bloomberg. Industrial production data for September is due to be released at 9:15 am ET. In premarket activity, bitcoin was up by 0.1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was flat, Ether ETF (EETH) advanced 0.8%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat. Power Play: Technology The State Street Technology Select Sector SPDR ETF (XLK) retreated 0.1%, the iShares US Technology ETF (IYW) was 0.7% higher, and the iShares Expanded Tech Sector ETF (IGM) was inactive. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was inactive, while the iShares Semiconductor ETF (SOXX) fell by 1.1%. CoreWeave (CRWV) shares were down more than 5% in premarket activity a day after Bloomberg News reported co-founders Michael Intrator, Brian Venturo and Brannin McBee have sold $3.3 billion in company shares since its March 2025 initial public offering, including $2.4 billion in 2026. Winners and Losers: Healthcare The State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.4%, the Vanguard Health Care Index Fund (VHT) and the iShares US Healthcare ETF (IYH) were inactive. The iShares Biotechnology ETF (IBB) was up 0.5%. Omeros (OMER) stock was down more than 5% premarket after the company said the European Union's Committee for Medicinal Products for Human Use rejected again the company's application to market narsoplimab for a rare blood complication that follows stem cell transplants. Consumer The State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.02%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was down 1.7%, and the iShares US Consumer Staples ETF (IYK) retreated 0.01%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.01% higher. Tesla (TSLA) shares were up more than 3% pre-bell after the company announced its new Roadster capable of flight using cold-gas thrusters and showed the car reach 60 miles per hour from a standstill in under one second. Financial The State Street Financial Select Sector SPDR ETF (XLF) advanced 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.4%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.9% lower. Truist Financial (TFC) shares were down 2% in early hours activity after the company reported lower-than-expected Q3 adjusted earnings. Energy The iShares US Energy ETF (IYE) was inactive, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.8%. NiSource (NI) stock was up more than 2% before market open after the company said it has signed a 20-year agreement with Microsoft (MSFT) to supply power to the company's planned data center campus in northwest Indiana, with service expected to begin in 2028. Industrial The State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.2%, while the Vanguard Industrials Index Fund (VIS) and the iShares US Industrials ETF (IYJ) were inactive. SpaceX (SPCX) stock was up more than 1% before the opening bell following a 2.3% loss in the prior session. CNBC reported that the company's artificial intelligence policy head Gabriela Castillo Madrid will testify Friday in the New York City Council's AI safety investigation. Commodities Front-month US West Texas Intermediate crude oil advanced 0.1% to $98.05 per barrel on the New York Mercantile Exchange. Natural gas was down 2.2% at $3.17 per 1 million British Thermal Units. The United States Oil Fund (USO) decreased by 0.5%, while the United States Natural Gas Fund (UNG) was 4.3% lower. Gold futures for November advanced by 0.6% to $4,194.50 an ounce on the Comex. Silver futures rose 1.4% to $57.93 an ounce. SPDR Gold Shares (GLD) was up 0.02%, and the iShares Silver Trust (SLV) increased 0.6%.