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Exchange-Traded Funds Lower as US Equities Decline After Midday

Exchange-Traded Funds Lower as US Equities Decline After Midday

MT newswireMT newswire2026/11/05 17:14
01:14 PM EST, 11/05/2026 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) was down 6.1%. US equity indexes were in meltdown after midday Thursday, with the Nasdaq Composite plunging into correction territory amid a rout in mega-cap chipmakers. Energy IShares US Energy ETF (IYE) fell 0.9% and the State Street Energy Select Sector SPDR (XLE) lost 0.76%. Technology The State Street Technology Select Sector SPDR ETF (XLK) was down 7.5%; iShares US Technology ETF (IYW) lost 6.6%, and iShares Expanded Tech Sector ETF (IGM) was 7% lower. The State Street SPDR S&P Semiconductor (XSD) declined 11.1%, and iShares Semiconductor (SOXX) was down 11.3%. Financial The State Street Financial Select Sector SPDR (XLF) fell 2.7%. Direxion Daily Financial Bull 3X Shares (FAS) declined 7.4%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), advanced 7.1%. Commodities Crude oil added 2.6%, and the United States Oil Fund (USO) rose 2%. Natural gas was up 0.7%, and the United States Natural Gas Fund (UNG) gained 1%. Gold on Comex rose 1.1%, and the State Street SPDR Gold Shares (GLD) was up 0.9%. Silver rose 0.3%, and iShares Silver Trust (SLV) added 0.2%. Consumer The State Street Consumer Staples Select Sector SPDR (XLP) was 0.5% lower, and the Vanguard Consumer Staples ETF (VDC) shed 0.4%. The State Street Consumer Discretionary Select Sector SPDR (XLY) lost 4.5%. VanEck Retail ETF (RTH) shed 1.4%, and the State Street SPDR S&P Retail (XRT) eased 3.2%. Healthcare The State Street Health Care Select Sector SPDR (XLV) was down 1.7%, and iShares US Healthcare (IYH) eased 2%, and Vanguard Health Care ETF (VHT) dropped 2.1%. IShares Biotechnology ETF (IBB) declined 4%. Industrial The State Street Industrial Select Sector SPDR (XLI) slipped 3.9%. Vanguard Industrials Index Fund (VIS) was down 4.3%, and iShares US Industrials (IYJ) eased 3.9%. Cryptocurrency In midday activity, bitcoin (BTC-USD) fell 5.1%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) lost 5.2%, ProShares Ether ETF (EETH) lost 7.3%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was down 5.6%.
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