01:13 PM EST, 12/27/2024 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV declined. Actively traded Invesco QQQ Trust (QQQ) fell 2%.

US benchmark stock indexes traded lower after midday Friday amid declines in the technology sector.

Energy

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

Technology

Technology Select Sector SPDR ETF (XLK) dropped 2.1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) lost 2.2%, and iShares Semiconductor (SOXX) dipped 1.6%.

Financial

Financial Select Sector SPDR (XLF) was down 1.2%. Direxion Daily Financial Bull 3X Shares (FAS) fell 3.4%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) climbed 3.5%.

Commodities

Crude oil was up 0.7%, and the United States Oil Fund (USO) added 0.9%. Natural gas slipped 1.1%, while the United States Natural Gas Fund (UNG) rose 0.2%.

Gold was 0.9% lower on Comex, and SPDR Gold Shares (GLD) fell 0.7%. Silver eased 1.6% while iShares Silver Trust (SLV) fell 1.4%.

Consumer

Consumer Staples Select Sector SPDR (XLP) was down 0.9%; Vanguard Consumer Staples ETF (VDC) lost 1.1% while iShares Dow Jones US Consumer Goods (IYK) fell 0.4%.

Consumer Discretionary Select Sector SPDR (XLY) was 2.1% lower; retail fund VanEck Vectors Retail ETF (RTH) and SPDR S&P Retail (XRT) were in the red.

Health Care

Health Care Select Sector SPDR (XLV) fell 0.9%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower. IShares Biotechnology ETF (IBB) fell 1.3%.

Industrial

Select Sector SPDR-Industrial (XLI) was down 1.3%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were edging lower.