01:03 PM EST, 02/07/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was down 0.9%.

US equity indexes fell as bets in favor of the Federal Reserve extending its policy pause into March jumped following the jobs and inflation expectations data and amid media speculation that President Donald Trump plans to announce reciprocal punitive tariffs as early as Friday.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both added about 0.4% each.

Technology

Technology Select Sector SPDR ETF (XLK) was down 0.7%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) fell 2.5%, and iShares Semiconductor (SOXX) dipped 1.8%.

Financial

Financial Select Sector SPDR (XLF) fell 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) lost 1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) rose 0.9%.

Commodities

Crude oil rose 0.1%, and the United States Oil Fund (USO) added 0.3%. Natural gas was down 1.9%, and the United States Natural Gas Fund (UNG) eased 0.8%.

Gold rose 0.1% on Comex, and SPDR Gold Shares (GLD) moved 0.1% ahead. Silver fell 1%, and iShares Silver Trust (SLV) dropped 0.9%.

Consumer

Consumer Staples Select Sector SPDR (XLP) lost 0.1%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were mixed with the latter pointing higher.

Consumer Discretionary Select Sector SPDR (XLY) lost 1.3%; retail fund VanEck Vectors Retail ETF (RTH) fell 1.6%, while SPDR S&P Retail (XRT) declined 1.9%.

Health Care

Health Care Select Sector SPDR (XLV) was down 0.1%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. IShares Biotechnology ETF (IBB) fell 1.6%.

Industrial

Select Sector SPDR-Industrial (XLI) fell fractionally, and Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red.