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Health Care and Crude Led the Week While Tech Lost Its Grip

Newswire.ca - Fri Oct 16, 8:10AM CDT

NEW YORK, Oct. 16, 2026 /CNW/ -- American News Group News Commentary - The State Street SPDR S&P 500 ETF Trust slipped 0.28% and the Invesco QQQ Trust fell 2.62% over the five trading sessions ended Thursday, October 15, according to Stock Analysis data, as a hotter-than-expected inflation report revived concerns about interest rates and technology stocks sold off. Among U.S.-listed exchange-traded funds with at least $1 billion in assets, excluding leveraged and inverse products, the week's leaders came from health care, crude oil and a concentrated, actively managed stock portfolio. Active Funds from around the markets with current developments this week include: Akre Focus ETF (NYSE Arca: AKRE), iShares U.S. Healthcare Providers ETF (NYSE Arca: IHF), United States Oil Fund, LP (NYSE Arca: USO), iShares U.S. Medical Devices ETF (NYSE Arca: IHI), State Street Health Care Select Sector SPDR ETF (NYSE Arca: XLV).

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