The US stock market suffered a bad sell-off on Black Friday. Here are the biggest losers (and winners).

Wall Street stocks plummeted on Black Friday as investors reacted to new travel bans due to the discovery of a new variant of the coronavirus that causes COVID-19 in South Africa.
Dow Jones Industrial Average
DJIA,
S&P 500 index
SPX,
and Nasdaq Composite
COMP,
All are at least 2% off on the day, the big US shopping day known as Black Friday that retailers traditionally consider the unlucky purchase of the year.
Looking under the hood, the damage was extensive.
Energy storage
S&P 500 energy sector
SP500.10,
closed down 4% on crude oil prices
XLE,
trade on the New York Mercantile Exchange see a double digit drop in percentage.
SPDR Fund for the Energy Sector
XLE,
fell 4%. The fund was led by the decline of APA Corp.
APA,
Mysterious Oil
OXY,
Devon Energy Corp.
DVN,
and Marathon Oil Corp.
MRO,
Finance
Finance is the second worst performer out of 11 in the S&P 500
SPX,
dragged down by the fall in yields on Treasuries, especially 10-year Treasuries
TMUBMUSD10Y,
Financial Sector of S&P 500
SP500.40,
fell 3.3%. SPDR ETF for the financial sector
XLF,
industry index tracker, which is being led by a decline in American Express Co.
AXP,
Comerica Inc.
CMA,
Huntington Bancshares Inc.
HBAN,
Wells Fargo & Co.
WFC,
and Invesco
IVZ,
Stockpile medicine
Drugmakers rose, with shares of Moderna
mRNA,
This makes it one of the most widely used COVID vaccines, skyrocketing by more than 20%. Pfizer shared PFE 6% increase.
However, those returns don’t provide much incentive for drug-related funds, including the Invesco Dynamic Pharmaceuticals ETF.
PJP,
down 1.6%; iShares US Pharmaceuticals ETF
IHE,
only 0.2% increase on the day; and SPDR S&P Pharmaceuticals ETF
XPH,
down 1.9%.
Travel-related stocks
The popular airline-linked exchange-traded fund US Global JETS, which is considered a good indicator of the market’s view of the progress out of pandemic-related restrictions and towards economic recovery , closed down 7.2%.
Aircraft maker Boeing Co.
FATHER,
withdraw 5%and Southwest Airlines
LOVE,
shares less than 4%. Shares of American Airlines
AAL,
plummeted stronger, losing 8.8%. Meanwhile, Expedia shares
EXPE,
9.5% off and United Airlines
UAL,
transactions down nearly 10%.
A separate exchange-traded fund is sometimes used to express optimism about changes in activity tied to COVID restrictions, ETFMG Travel Tech ETF
FAR,
fell 6.4% on Friday.
Transactions at home
However, some rental stocks outperform the broader market. Video conferencing company Zoom Video Communications Inc.
ZM,
up 5.7%, while streaming massive Netflix
NFLX,
up 1.1%.
The Direxion Work From Home ETF,
WFH,
lost 1.2%. The decline of Avaya Holdings Corp.
AVYA,
Xerox Holdings Corp.
XRX,
and Progress Software Corp.
PRGS,
are the worst performers in the ETF.
Cryptocurrency
Cryptocurrency prices are also on the rise.
Bitcoin
BTCUSD,
has dropped 5% over the past 24 hours, trading at $54,840 mid-Friday on CoinDesk. The cryptocurrency is down more than 20% from its all-time high of $68,990 on November 10, meeting the general criteria for a bear market in the asset.
Payment procedures: Major Cryptocurrencies Drop in Price Amid Fears of New Coronavirus Variant
Dollar
Meanwhile, the US dollar fell 0.7% in the session as measured by the ICE US Dollar Index
DXY,
pulled it down from near a 16-month high.
https://www.marketwatch.com/story/the-u-s-stock-market-suffers-ugly-black-friday-selloff-here-are-the-biggest-losers-and-winners-11637952898?rss=1&siteid=rss The US stock market suffered a bad sell-off on Black Friday. Here are the biggest losers (and winners).