Broad Market Indicators
Broad-market exchange-traded funds IWM and IVV fell, and actively traded Invesco QQQ Trust (QQQ) shed 0.7%.
US equity indexes dropped in midday trading on Monday as materials and consumer discretionary paced the sector declines.
Energy
iShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each added 1%.
Technology
The State Street Technology Select Sector SPDR ETF (XLK) fell 0.7%; iShares US Technology ETF (IYW) slipped 0.8%, and iShares Expanded Tech Sector ETF (IGM) lost 0.7%.
The State Street SPDR S&P Semiconductor (XSD) dropped 1.2%, and iShares Semiconductor (SOXX) fell 0.9%.
Financial
The State Street Financial Select Sector SPDR (XLF) dropped 0.6%. Direxion Daily Financial Bull 3X Shares (FAS) declined 1.8%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ) gained 1.8%.
Commodities
Crude oil rose 2.2%, and the United States Oil Fund (USO) gained 2%. Natural gas jumped 5.2%, and the United States Natural Gas Fund (UNG) advanced 2.7%.
Gold on Comex fell 4.6%, and the State Street SPDR Gold Shares (GLD) dropped 4.5%. Silver tumbled 7.8%, and iShares Silver Trust (SLV) plunged 9%.
Consumer
The State Street Consumer Staples Select Sector SPDR (XLP) rose 0.1%. The Vanguard Consumer Staples ETF (VDC) and iShares Dow Jones US Consumer Goods (IYK) were little changed.
The State Street Consumer Discretionary Select Sector SPDR (XLY) fell 0.9%. VanEck Retail ETF (RTH) lost 0.3%, and the State Street SPDR S&P Retail (XRT) dropped 0.6%.
Health Care
The State Street Health Care Select Sector SPDR (XLV) eased 0.1%, and iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) also declined; iShares Biotechnology ETF (IBB) shed 0.7%.
Industrial
The State Street Industrial Select Sector SPDR (XLI) fell 0.3%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) also dropped.
Cryptocurrency
In midday activity, bitcoin (BTC-USD) was up 0.3%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 0.2%, ProShares Ether ETF (EETH) dipped 0.1%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) fell fractionally.