Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was down 3.4%.

US equity indexes sank and government bond yields fell with the dollar after midday on Monday amid mounting concern that the economy could be heading for a recession.

Energy

iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) rose about 0.8% each.

Technology

Technology Select Sector SPDR ETF (XLK) was down 3.9%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) were lower.

SPDR S&P Semiconductor (XSD) lost 3.2%, and iShares Semiconductor (SOXX) dropped 4%.

Financial

Financial Select Sector SPDR (XLF) fell 1.9%. Direxion Daily Financial Bull 3X Shares (FAS) dipped 5.5%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) climbed 5.8%.

Commodities

Crude oil fell 1.1%, and the United States Oil Fund (USO) lost nearly 1%. Natural gas rose 3.5%, and the United States Natural Gas Fund (UNG) added 4.3%.

Gold shed 0.2% on Comex, and SPDR Gold Shares (GLD) was 0.5% lower. Silver lost 0.7%, and iShares Silver Trust (SLV) was 1.1% down.

Consumer

Consumer Staples Select Sector SPDR (XLP) gained 1.1%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.

Consumer Discretionary Select Sector SPDR (XLY) dipped 2.8%; retail fund VanEck Vectors Retail ETF (RTH) was down 0.8%, and SPDR S&P Retail (XRT) declined 1.3%.

Health Care

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

Industrial

Select Sector SPDR-Industrial (XLI) was down 0.8%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red.