The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.2%, and the actively traded Invesco QQQ Trust (QQQ) retreated 0.3% in Friday's premarket as investors digested key economic data and continuing geopolitical tensions.

US stock futures were also lower, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures retreating 0.2% before the start of regular trading.

US economic growth, measured by gross domestic product, rose by 1.4% in Q4 after a 4.4% gain in the previous quarter, slower than a 2.8% increase expected in a survey compiled by Bloomberg.

Personal income rose by 0.3% in December following November's 0.4% gain, in line with an expected 0.3% gain in a survey conducted by Bloomberg, while personal consumption expenditures were up 0.4% for a second straight month and above the 0.3% increase expected.

S&P Global's (SPGI) flash composite purchasing managers' index for February is slated to be released at 9:45 am ET, while Federal Reserve Atlanta President Raphael Bostic also speaks at 9:45 am ET on the economic outlook at a Birmingham Business Journal event, followed by the University of Michigan consumer sentiment report for the current month at 10 am ET.

The weekly Baker Hughes domestic oil-and-gas rig count is due at 1 pm ET, while Federal Reserve St. Louis President Alberto Musalem speaks at 3:30 pm ET on Fox Business.

In premarket action, bitcoin was up by 0.5%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.3% lower, Ether ETF (EETH) slipped 0.3%, and Bitcoin & Ether Market Cap Weight ETF (BETH) advanced 1.7%.

Power Play:

Health Care

The State Street Health Care Select Sector SPDR ETF (XLV) declined marginally by 0.03%. The Vanguard Health Care Index Fund (VHT) and the iShares US Healthcare ETF (IYH) were flat. The iShares Biotechnology ETF (IBB) was 0.3% lower.

Grail (GRAL) shares were 50% lower in recent Friday premarket activity, a day after the company said its NHS-Galleri trial missed its primary Stage III and IV cancer reduction endpoint.

Winners and Losers:

Industrial

The State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.1%, while the Vanguard Industrials Index Fund (VIS) and the iShares US Industrials ETF (IYJ) were inactive.

Chemours (CC) was down 10% before Friday's opening bell, a day after the company posted lower Q4 adjusted EPS and sales.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) retreated 0.6%, while the iShares US Technology ETF (IYW) and the iShares Expanded Tech Sector ETF (IGM) were flat. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was flat, while the iShares Semiconductor ETF (SOXX) declined by 0.3%.

Akamai Technologies (AKAM) shares were down 7.5% pre-bell Friday, after the company issued overnight lower-than-expected Q1 and 2026 non-GAAP earnings guidance.

Consumer

The State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1%, while the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was flat. The iShares US Consumer Staples ETF (IYK) gained 0.3%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) declined marginally by 0.02%.

Balchem (BCPC) shares were up about 5% before the opening bell on Friday, after the company posted higher Q4 adjusted earnings and net sales.

Financial

The State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.5%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% higher.

Blue Owl Capital (OWL) shares were 2.3% lower before Friday's opening, after the company said it sold $1.4 billion of loan assets in three of its private debt funds and was barring investors in Blue Owl Capital Corp II from redeeming their investments in quarterly intervals.

Energy

The iShares US Energy ETF (IYE) gained 0.5%, while the State Street Energy Select Sector SPDR ETF (XLE) was down by 0.4%.

BHP Group (BHP) stock was down almost 1% before Friday's bell, after the Australian miner said that one of its units has signed a non-binding letter of intent to explore the sale of BHP's San Manuel property in Arizona to Faraday Copper for 30% interest in Faraday.

Commodities

Front-month US West Texas Intermediate crude oil declined by 0.4% to reach $66.12 per barrel on the New York Mercantile Exchange. Natural gas retreated by 0.4% to $2.98 per 1 million British Thermal Units. The United States Oil Fund (USO) slipped by 0.9%, while the United States Natural Gas Fund (UNG) was 0.3% higher.

Gold futures for March advanced by 1% to $5,048.80 an ounce on the Comex. Silver futures were up 3.7% to $80.54 an ounce. SPDR Gold Shares (GLD) gained by 0.5%, and the iShares Silver Trust (SLV) was 2.7% higher.