01:08 PM EDT, 04/10/2025 (MT Newswires) -- Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV declined. Actively traded Invesco QQQ Trust (QQQ) slipped 5.2%.

US equity indexes plummeted as investors assessed the impact on growth from the uncertainty accompanying President Donald Trump's 90-day pause on reciprocal tariffs and a tit-for-tat trade war with China, the world's second-largest economy.

Energy

IShares US Energy ETF (IYE) shed 6.8% and Energy Select Sector SPDR (XLE) was 5.8% lower.

Technology

Technology Select Sector SPDR ETF (XLK) shed 5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also fell.

SPDR S&P Semiconductor (XSD) dropped 8.9%, and iShares Semiconductor (SOXX) edged down 8.3%.

Financial

Financial Select Sector SPDR (XLF) dropped 3.4%. Direxion Daily Financial Bull 3X Shares (FAS) plunged 9.9%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ) rose 11.3%.

Commodities

Crude oil fell 4.3%, and the United States Oil Fund (USO) shed 4.6%. Natural gas slumped 7.1%, and the United States Natural Gas Fund (UNG) was 5.6% down.

Gold rose 3.3% on Comex, and SPDR Gold Shares (GLD) gained 2%. Silver added 1.4%, and iShares Silver Trust (SLV) was up 0.1%.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 0.4%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) also moved lower.

Consumer Discretionary Select Sector SPDR (XLY) was 5% lower; VanEck Retail ETF (RTH) dipped 1.4%, and SPDR S&P Retail (XRT) fell 3.4%.

Health Care

Health Care Select Sector SPDR (XLV) was down 3.6%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were in the red. IShares Biotechnology ETF (IBB) fell 5.5%.

Industrial

Industrial Select Sector SPDR (XLI) lost 3.6%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were also pointing lower.