The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.5% and the actively traded Invesco QQQ Trust (QQQ) was 0.7% lower in Friday's premarket activity amid fresh market data releases on the last day of the trading week.

US stock futures were also lower, with S&P 500 Index futures down 0.5%, Dow Jones Industrial Average futures slipping 0.4%, and Nasdaq futures retreating 0.7% before the start of regular trading.

US nonfarm payrolls fell by 92,000 in February, compared with expectations for a 55,000 increase and after a 126,000 gain in the prior month, while the unemployment rate rose to 4.4% from 4.3%, above forecasts for 4.3%.

US retail sales declined 0.2% in January, compared with expectations for a 0.3% decrease after a flat reading in the previous month.

Business inventory and sales data for December are due to be released at 10 am ET.

The weekly Baker Hughes oil-and-gas rig count is out at 1 pm.

Federal Reserve Bank of Cleveland President Beth Hammack is slated to speak on Friday.

In premarket activity, bitcoin was down by 1.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.8% lower, Ether ETF (EETH) retreated 2.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) gained 0.3%.

Power Play:

Technology

The State Street Technology Select Sector SPDR ETF (XLK) retreated 0.9%, and the iShares US Technology ETF (IYW) was 0.9% lower, while the iShares Expanded Tech Sector ETF (IGM) was flat. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was down 1%, while the iShares Semiconductor ETF (SOXX) fell by 1.4%.

Ingram Micro (INGM) shares were down more than 1% in recent premarket activity after the company said it priced a secondary public offering of nearly 9 million of its shares on behalf of a selling stockholder at $22.25 apiece.

Winners and Losers:

Financial

The State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) was down 1.3%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.4% higher.

Western Alliance Bancorp (WAL) shares were down more than 7% pre-bell after the company said its Western Alliance Bank subsidiary and collateral agent filed a lawsuit alleging breach of contract and fraud against Jefferies Financial Group (JEF) and Leucadia Asset Management over an unpaid commercial loan. Jefferies stock retreated more than 2% premarket.

Health Care

The State Street Health Care Select Sector SPDR ETF (XLV) retreated by 0.1%, the Vanguard Health Care Index Fund (VHT) was down 0.2%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was 0.45 lower.

AtaiBeckley (ATAI) stock was down more than 2% premarket after the company reported a wider Q4 net loss.

Industrial

The State Street Industrial Select Sector SPDR ETF (XLI) retreated by 0.6%, while the Vanguard Industrials Index Fund (VIS) was down 0.1%, and the iShares US Industrials ETF (IYJ) was inactive.

FTAI Aviation (FTAI) stock was down more than 2% before the opening bell after the company said that Nicholas McAleese has been appointed chief financial officer and Michael Hazan chief accounting officer.

Energy

The iShares US Energy ETF (IYE) gained 0.9%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.7%.

Shares of Exxon Mobil (XOM), BP (BP), and Chevron (CVX) rose about 2% in premarket activity, while ConocoPhillips gained more than 2% as crude prices extended gains amid the continued conflict in the Middle East.

Consumer

The State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.2%, while the Vanguard Consumer Staples Index Fund ETF Shares (VDC) retreated marginally by 0.02%. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.5%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.02% lower.

Aptiv (APTV) shares were up more than 1% pre-bell after the company said that its subsidiary, Aptiv Swiss Holdings, has launched a cash tender offer to repurchase several series of its outstanding senior notes.

Commodities

Front-month US West Texas Intermediate crude oil rose by 6.6% to $86.34 per barrel on the New York Mercantile Exchange. Natural gas increased by 2.9% to $3.09 per 1 million British Thermal Units. The United States Oil Fund (USO) rose by 7.8%, while the United States Natural Gas Fund (UNG) was 3.3% higher.

Gold futures for March advanced 0.5% to $5,103.40 an ounce on the Comex. Silver futures gained by 1% to $82.95 an ounce. SPDR Gold Shares (GLD) was up by 0.3%, and the iShares Silver Trust (SLV) rose by 0.5%.