Broad Market Indicators
Broad-market exchange-traded funds IWM and IVV were lower Thursday. Actively traded Invesco QQQ Trust (QQQ) fell 2%.
US equity indexes dropped after Microsoft (MSFT) and Meta Platforms' (META) results disappointed, while most government bond yields rose as investors weighed the Federal Reserve's preferred inflation data.
Energy
iShares US Energy ETF (IYE) added 0.6% and Energy Select Sector SPDR (XLE) was 0.5% higher.
Technology
Technology Select Sector SPDR ETF (XLK) fell 2.8%; iShares US Technology ETF (IYW) dipped 2.8% and iShares Expanded Tech Sector ETF (IGM) was down 2.6%.
SPDR S&P Semiconductor (XSD) fell 4.5% and iShares Semiconductor (SOXX) shed 4%.
Financial
Financial Select Sector SPDR (XLF) dipped 0.6%. Direxion Daily Financial Bull 3X Shares (FAS) fell 1.8%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) rose 1.8%.
Commodities
Crude oil was up 0.8%; United States Oil Fund (USO) added 0.3%. Natural gas shed 4%, and the United States Natural Gas Fund (UNG) fell 3.8%.
Gold was down 1.8% on Comex, and SPDR Gold Shares (GLD) fell 1.7%. Silver fell 3.9%, while iShares Silver Trust (SLV) shed 3.4%
Consumer
Consumer Staples Select Sector SPDR (XLP) was up 0.2%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were higher.
Consumer Discretionary Select Sector SPDR (XLY) edged 1% lower; retail fund VanEck Vectors Retail ETF (RTH) fell 0.6% while SPDR S&P Retail (XRT) dipped 0.1%.
Health Care
Health Care Select Sector SPDR (XLV) fell 0.4%; iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were trending lower. iShares NASDAQ Biotechnology ETF (IBB) was down 1.1%.
Industrial
Select Sector SPDR-Industrial (XLI) retreated 0.8%, Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were declining.