financetom
Market
financetom
/
Market
/
Exchange-Traded Funds Drop as US Equities Decline After Midday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exchange-Traded Funds Drop as US Equities Decline After Midday
Nov 6, 2025 10:33 AM

01:10 PM EST, 11/06/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) was down 1.5%.

US equity indexes fell midday Thursday, led primarily by consumer discretionary and technology, after a labor market report showing the highest number of recorded layoffs in October in more than two decades sent government bond yields tumbling.

Energy

iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each added 1.1%.

Technology

Technology Select Sector SPDR ETF (XLK) slipped 1.7%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also edged lower.

SPDR S&P Semiconductor (XSD) was down 1.8%, and iShares Semiconductor (SOXX) fell 2.1%.

Financial

The Financial Select Sector SPDR (XLF) declined 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) fell 1.3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), climbed 1.3%.

Commodities

Crude oil dipped 0.8%, and the United States Oil Fund (USO) shed 0.5%. Natural gas rose 0.7%, and the United States Natural Gas Fund (UNG) added 1.3%.

Gold on Comex added less than 0.1%, and SPDR Gold Shares (GLD) down fractionally. Silver lost 0.5%, and iShares Silver Trust (SLV) was down 0.2%.

Consumer

Consumer Staples Select Sector SPDR (XLP) declined 0.5%. The Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were in the red.

Consumer Discretionary Select Sector SPDR (XLY) fell 2.5%. VanEck Retail ETF (RTH) was down 1.2%, and SPDR S&P Retail (XRT) slipped 2.6%.

Health Care

Health Care Select Sector SPDR (XLV) was down 0.2%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) declined as well; iShares Biotechnology ETF (IBB) was down 0.2%.

Industrial

Industrial Select Sector SPDR (XLI) shed 0.3%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) edged lower as well.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) dropped 2.4%. Among cryptocurrency ETFs, ProShares Bitcoin ETF ( BITO ) shed 2.3%, ProShares Ether ETF ( EETH ) fell 3.9%, and ProShares Bitcoin & Ether Market Cap Weight ETF ( BETH ) was down 3.2%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved