The U.S. stock market suffers ugly Black Friday selloff. Here are the biggest losers (and the winners).

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Wall Street stocks skidded sharply little connected Black Friday arsenic investors reacted to caller question bans resulting from the find successful South Africa of a caller variant of the coronavirus that causes COVID-19.

The Dow Jones Industrial Average DJIA, -2.53%, the S&P 500 scale SPX, -2.27% and the Nasdaq Composite COMP, -2.23% were each down by astatine slightest 2% for the day, the large U.S. buying time known arsenic Black Friday connected which retailers are traditionally perceived to participate the achromatic for the year.

Looking beneath the hood, the harm was widespread.

Energy stocks

The S&P 500’s vigor assemblage SP500.10, -4.04% closed down 4% arsenic crude-oil prices XLE, -4.02% trading connected the New York Mercantile Exchange saw double-digit percent declines.

The Energy Select Sector SPDR Fund XLE, -4.02% was down 4%. The money was led by declines successful APA Corp. APA, -8.28%, Occidental Petroleum OXY, -7.22%, Devon Energy Corp. DVN, -5.30% and Marathon Oil Corp. MRO, -6.71%.

Financials

Financials were the 2nd worst Black Friday performer among the 11 sectors successful the S&P 500 scale SPX, -2.27%, dragged down by a retreat successful yields for Treasurys, notably the 10-year Treasury enactment TMUBMUSD10Y, 1.479%.

The S&P 500’s fiscal sector SP500.40, -3.27% was disconnected 3.3%. The Financial Select Sector SPDR ETF XLF, -3.32%, which tracks the assemblage index, was being led little by declines successful American Express Co. AXP, -8.62%, Comerica Inc. CMA, -5.80%, Huntington Bancshares Inc. HBAN, -5.99%, Wells Fargo & Co. WFC, -5.61% and Invesco IVZ, -5.24%.

Drug stocks

Drug manufacturers rose, with shares of Moderna MRNA, +20.57%, which makes 1 of the astir wide administered COVID vaccines, skyrocketing much than 20%. Pfizer shares PFE advanced by 6%.

However, those gains didn’t connection overmuch of a assistance to pharmaceutical-related funds, including Invesco Dynamic Pharmaceuticals ETF PJP, -1.59%, which ended down 1.6%; iShares U.S. Pharmaceuticals ETF IHE, +0.20%, up conscionable 0.2% connected the day; and SPDR S&P Pharmaceuticals ETF XPH, -1.94%, down 1.9%.

Travel-related stocks

The fashionable airline-related exchanged-traded money U.S. Global JETS, which has travel to service arsenic a bully indicator of the market’s presumption connected the advancement retired of pandemic-related restrictions and toward economical recovery, closed down 7.2%.

Aircraft shaper Boeing Co. BA, -5.41%  retreated by 5%, and Southwest Airlines LUV, -4.32% banal was much than 4% lower. Shares of American Airlines AAL, -8.79% slumped much steeply, losing 8.8%. Meanwhile, Expedia shares EXPE, -9.48% were down9.5% and United Airlines UAL, -9.57%  traded disconnected astir 10%.

A abstracted exchange-traded money that is sometimes utilized to correspond optimism astir changes successful enactment tied to COVID restrictions, the ETFMG Travel Tech ETF AWAY, -6.44%, was down 6.4% connected Friday.

Stay-at-home trade

However, a fig of stay-at-home stocks were outperforming the broader market. Videoconference institution Zoom Video Communications Inc. ZM, +5.72% roseate 5.7%, portion streaming elephantine Netflix NFLX, +1.12% gained 1.1%.

The Direxion Work From Home ETF, WFH, -1.22% mislaid 1.2%. Declines successful Avaya Holdings Corp. AVYA, -5.25%, Xerox Holdings Corp. XRX, -4.65% and Progress Software Corp. PRGS, -3.86% were the worst performers successful the ETF.

Crypto

Crypto prices besides were taking it connected the chin.

Bitcoin BTCUSD, -7.41%  was down 5% implicit the past 24 hours, trading astatine $54,840 midday Friday connected CoinDesk. The cryptocurrency is down much than 20% from its all-time precocious of $68,990 connected Nov. 10, gathering a communal criterion for a carnivore marketplace successful an asset.

Check out: Major cryptocurrencies tumble amid interest astir caller coronavirus variant

The dollar

Meanwhile, the U.S. dollar was down 0.7% connected the league arsenic measured by the ICE U.S. Dollar Index DXY, -0.80%, dragging it down from adjacent a 16-month high.

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