Market Overview - Major industry ETFs in the US stock market experienced declines, with the energy sector ETF dropping by 2%, and both the financial and consumer discretionary ETFs falling by over 1% [1] Energy Sector - The energy sector ETF is priced at 80.34, reflecting a decrease of 1.64, or 2.00% [2] - The total market capitalization for the energy sector ETF is 201.19 billion, with a year-to-date change of -5.48% [2] Financial Sector - The financial sector ETF is currently at 49.19, down by 0.57, or 1.16% [2] - This ETF has a total market capitalization of 547.45 billion, showing a year-to-date increase of 2.14% [2] Consumer Discretionary Sector - The consumer discretionary ETF is priced at 199.31, down by 2.13, or 1.05% [2] - The total market capitalization for this ETF is 250.33 billion, with a year-to-date decline of 10.92% [2] Utility Sector - The utility sector ETF is at 79.01, down by 0.74, or 0.93% [2] - It has a total market capitalization of 114.70 billion, with a year-to-date increase of 5.13% [2] Technology Sector - The technology sector ETF is priced at 215.56, reflecting a decrease of 1.05, or 0.48% [2] - The total market capitalization for the technology sector ETF is 685.60 billion, with a year-to-date decline of 7.13% [2] Biotechnology Sector - The biotechnology index ETF is at 126.09, down by 0.51, or 0.40% [2] - Its total market capitalization is 100.12 billion, with a year-to-date decrease of 4.54% [2] Semiconductor Sector - The semiconductor ETF is priced at 218.32, down by 0.71, or 0.32% [2] - The total market capitalization for this ETF is 25.81 billion, with a year-to-date decline of 9.85% [2] Regional Banks - The regional bank ETF is at 56.07, down by 0.17, or 0.30% [2] - It has a total market capitalization of 46.79 billion, with a year-to-date decrease of 6.47% [2] Global Technology Sector - The global technology ETF is priced at 79.42, down by 0.15, or 0.19% [2] - Its total market capitalization is 11.12 billion, with a year-to-date decline of 6.29% [2] Global Airline Sector - The global airline ETF is at 21.07, up by 0.19, or 0.91% [2] - The total market capitalization for this ETF is 663.70 million, with a year-to-date decline of 16.88% [2]

Market Overview - Global investors' risk aversion led to an increase in prices of safe-haven assets like gold and U.S. Treasuries [1] - As of the latest close, the Dow Jones Industrial Average rose by 417.86 points, closing at 42001.76, a gain of 1.00% [1] - The S&P 500 index increased by 30.91 points, closing at 5611.85, a rise of 0.55% [1] - The Nasdaq Composite Index fell by 23.70 points, closing at 17299.29, a decline of 0.14% [1] Quarterly Performance - The S&P 500 index experienced a quarterly decline of 4.59% and a monthly drop of 5.75% [4] - The Dow Jones Industrial Average saw a quarterly decrease of 1.28% and a monthly decline of 4.20% [5] - The Nasdaq Composite Index recorded a quarterly drop of 10.42% and a monthly decrease of 8.21% [6] Sector Performance - The healthcare sector ETF rose over 6.5%, while the energy sector ETF increased by 9.94% during the quarter [12] - The technology sector, represented by the "Magnificent 7" index, fell by 14.83% in the first quarter [13] - The semiconductor sector, as indicated by the Philadelphia Semiconductor Index, declined by 14.25% in the first quarter [17] Economic Outlook - Goldman Sachs raised the probability of a U.S. economic recession in the next 12 months from 20% to 35% [29] - The report indicated a lower economic baseline expectation and a significant decline in consumer and business confidence [29] - The forecast for the U.S. GDP growth rate for this year is now expected to be 1%, the lowest since 2020 [29] Stock Specifics - Tesla's stock fell by 35.83% in the first quarter, while Nvidia dropped by 19.29% [14] - Berkshire Hathaway's Class B shares rose by 1.19%, with a quarterly increase of 17.49% [26] - Canadian airline Air Canada saw a drop of over 3% due to a 10% decline in U.S. orders attributed to tariffs [27]