US Sector ETFs Close Broadly Lower; Semiconductor ETF Falls 2.44%

The divergence is the story: semiconductors and growth-heavy tech led the decline while banks finished green, a rotation pattern that suggests the selling was concentrated in rate-sensitive, long-duration equity exposure rather than a uniform risk-off move. Energy's modest loss fits that read, since it typically trades on its own commodity cycle. What matters next is whether the banking bid persists as a genuine sector preference or fades with the broader tape — that, rather than the size of the tech drop, is the open question.