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Exchange-Traded Funds Fall as US Equities Slump After Midday
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Exchange-Traded Funds Fall as US Equities Slump After Midday
Jun 9, 2026 10:36 AM

01:08 PM EDT, 06/09/2026 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) declined 3.6%.

US equity indexes slumped after midday on Tuesday amid a sharp sell-off in technology, led by semiconductors.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each shed about 1.7%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) dropped 5.5%; iShares US Technology ETF (IYW) fell 5%, and iShares Expanded Tech Sector ETF (IGM) was down 5.1%.

The State Street SPDR S&P Semiconductor (XSD) declined 7.8%, and iShares Semiconductor (SOXX) slipped 6.5%.

Financial

The State Street Financial Select Sector SPDR (XLF) rose 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) added 0.6%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), fell 0.7%.

Commodities

Crude oil fell 3.5%, and the United States Oil Fund (USO) lost 2.9%. Natural gas rose 0.2%, and the United States Natural Gas Fund (UNG) added 0.8%.

Gold on Comex dipped 2.1%, and the State Street SPDR Gold Shares (GLD) lost 1.9%. Silver declined 5.5%, and iShares Silver Trust (SLV) was down 5.4%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) was up 1.6%. The Vanguard Consumer Staples ETF (VDC) rose 1.4%, and iShares Dow Jones US Consumer Goods (IYK) added 1.7%.

The State Street Consumer Discretionary Select Sector SPDR (XLY) slipped 0.7%. VanEck Retail ETF (RTH) rose 0.4%, and the State Street SPDR S&P Retail (XRT) gained 0.4%.

Healthcare

The State Street Health Care Select Sector SPDR (XLV) added 0.9%, iShares US Healthcare (IYH) gained 0.9%, and Vanguard Health Care ETF (VHT) was up 0.8%. IShares Biotechnology ETF (IBB) eased 0.2%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) fell 0.7%. Vanguard Industrials Index Fund (VIS) lost 1%, while iShares US Industrials (IYJ) was 0.5% lower.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) dropped 3.3%. Among cryptocurrency ETFs, ProShares Bitcoin ETF ( BITO ) fell 3.3%, ProShares Ether ETF ( EETH ) lost 3.5%, and ProShares Bitcoin & Ether Market Cap Weight ETF ( BETH ) was 3.4% lower.

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