01:14 PM EDT, 05/23/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV declined. Actively traded Invesco QQQ Trust (QQQ) fell 0.9%.

US equity indexes fell as President Donald Trump's warning to impose tariffs on the European Union and Apple ( AAPL ) undermined risk sentiment.

Energy

IShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) were little changed.

Technology

Technology Select Sector SPDR ETF (XLK) slipped 1.1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also declined.

SPDR S&P Semiconductor (XSD) dropped 2.2%, and iShares Semiconductor (SOXX) lost 2%.

Financial

Financial Select Sector SPDR (XLF) fell 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) declined 1.1%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), rose 1.2%.

Commodities

Crude oil added 0.3%, and the United States Oil Fund (USO) gained nearly 1%. Natural gas was up 1.8%, and the United States Natural Gas Fund (UNG) rose fractionally.

Gold was 2% higher on Comex, and SPDR Gold Shares (GLD) added 2.2%. Silver rose past 1%, and iShares Silver Trust (SLV) was up 1.2%.

Consumer

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

Consumer Discretionary Select Sector SPDR (XLY) fell 0.8%; VanEck Retail ETF (RTH) fell 1%, and SPDR S&P Retail (XRT) was also down 1%.

Health Care

Health Care Select Sector SPDR (XLV) fell 0.6%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also moved lower. IShares Biotechnology ETF (IBB) lost 0.6%.

Industrial

Industrial Select Sector SPDR (XLI) fell 0.3%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were also in the red.