Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 1.1%.

US equity indexes whipsawed Monday, with volatility soaring to the highest level since January 2020, as investors tackle rumors of more tariffs on China.

Energy

IShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both dropped nearly 2%.

Technology

Technology Select Sector SPDR ETF (XLK) shed 1%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also fell.

SPDR S&P Semiconductor (XSD) dropped 1, and iShares Semiconductor (SOXX) increased 0.3%.

Financial

Financial Select Sector SPDR (XLF) fell 1.5%. Direxion Daily Financial Bull 3X Shares (FAS) dropped 4.5%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ) climbed 4.6%.

Commodities

Crude oil fell 1.5%, and the United States Oil Fund (USO) shed 2.4%. Natural gas declined 2.9%, and the United States Natural Gas Fund (UNG) was 2.1% down.

Gold dipped 1.7% on Comex, and SPDR Gold Shares (GLD) fell 2%. Silver added 1.8%, and iShares Silver Trust (SLV) was fractionally lower.

Consumer

Consumer Staples Select Sector SPDR (XLP) fell 1.9%; Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) also dropped.

Consumer Discretionary Select Sector SPDR (XLY) declined 2.8%; VanEck Retail ETF (RTH) fell 1.8%, and SPDR S&P Retail (XRT) lost 1.9%.

Health Care

Health Care Select Sector SPDR (XLV) dropped 1.9%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) slumped. IShares Biotechnology ETF (IBB) fell 2.3%.

Industrial

Industrial Select Sector SPDR (XLI) dropped 1.9%. Vanguard Industrials (VIS) and iShares US Industrials (IYJ) were in the red.