US Sector ETFs Close Mostly Higher; Airlines and Biotech Lead Gains

The split is the story: cyclical and defensive corners — airlines, biotech, healthcare, regional banks, consumer discretionary — bid higher while tech and semis sold off. That rotation pattern suggests money moving out of the year's crowded leadership rather than a broad risk-off session, since most sectors still closed green. Whether the tech underperformance is a one-day de-risking or the start of a wider leadership shift is the open question, and it matters most for portfolios concentrated in semiconductors and global tech.