01:09 PM EST, 11/15/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) dropped 2.4%.

US equity indexes fell after stronger-than-expected retail sales corroborated Federal Reserve Chair Jerome Powell's recent comments on the speed at which monetary policy easing is required to stimulate the economy.

Energy

iShares US Energy ETF (IYE) dipped 0.3%, and Energy Select Sector SPDR (XLE) shed 0.1%.

Technology

Technology Select Sector SPDR ETF (XLK) fell 2.5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were in the red.

SPDR S&P Semiconductor (XSD) dropped 2.9%, and iShares Semiconductor (SOXX) fell 3%.

Financial

Financial Select Sector SPDR (XLF) rose 0.4%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.3%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) dropped 1.4%.

Commodities

Crude oil was down 2.4%, and United States Oil Fund (USO) shed 2.2%. Natural gas edged up 1%, while the United States Natural Gas Fund (UNG) was up 1.2%.

Gold fell 0.2% on Comex, and SPDR Gold Shares (GLD) lost 0.3%. Silver fell 0.5%, while iShares Silver Trust (SLV) eased 0.9%.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 0.5%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were lower.

Consumer Discretionary Select Sector SPDR (XLY) fell 1.1%; retail fund VanEck Vectors Retail ETF (RTH) edged down 1.2% while SPDR S&P Retail (XRT) dipped 1%.

Health Care

Health Care Select Sector SPDR (XLV) fell 1.6%, while iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were declining. IShares NASDAQ Biotechnology ETF (IBB) was down 4.2%.

Industrial

Select Sector SPDR-Industrial (XLI) retreated 0.6%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were lower.