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

Looking beneath the hood, the damage was widespread:

Energy stocks

The S&P 500’s energy sector
SP500.10,
-4.04%
closed down 4% as crude-oil prices
XLE,
-4.02%
trading on the New York Mercantile Exchange saw double-digit percentage declines.

The Energy Select Sector SPDR Fund
XLE,
-4.02%
was down 4%. The fund was led by declines in 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 second-worst performer on Black Friday among the 11 sectors in the S&P 500 index
SPX,
-2.27%,
dragged down by a retreat in yields for Treasurys, notably the 10-year Treasury note
TMUBMUSD10Y,
1.479%.

The S&P 500’s financial sector
SP500.40,
-3.27%
was off 3.3%. The Financial Select Sector SPDR ETF
XLF,
-3.32%,
which tracks the sector index, was being led lower by declines in 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

Drugmakers rose, with Moderna shares
MRNA,
+20.57%,
which makes COVID vaccines, skyrocketing more than 20%. Pfizer shares PFE advanced by 6%.

However, those gains didn’t offer much of a lift to pharmaceutical related funds, including Invesco Dynamic Pharmaceuticals ETF
PJP,
-1.59%,
down 1.6%, iShares U.S. Pharmaceuticals ETF
IHE,
+0.20%,
up 0.2%, and SPDR S&P Pharmaceuticals ETF
XPH,
-1.94%,
down 1.9% on Friday.

Travel-related stocks

The popular airline related ETF, U.S. Global JETS, which was has come to represent a good indicator of the market’s view on the progress out of pandemic-related restrictions and toward economic recovery, closed down 7.2%.

Aircraft maker Boeing Co.
BA,
-5.41%
 retreated by 5%, Southwest Airlines
LUV,
-4.32%
stock was more than 4% lower. Shares for American Airlines
AAL,
-8.79%
slumped 8.8%. Meanwhile, Expedia
EXPE,
-9.48%
shares were down9.5% and United Airlines
UAL,
-9.57%
 was trading off almost 10%.

A separate exchange-traded fund that is sometimes used to represent optimism about changes in activity tied to COVID restrictions, the ETFMG Travel Tech ETF
AWAY,
-6.44%,
was down 6.4% on Friday.

Stay-at-home trades

However, a number of stay-at-home trades were outperforming the broader market. Video conference company Zoom Video Communications Inc.
ZM,
+5.72%
rose 5.7%, while Netflix
NFLX,
+1.12%
gained 1.1%.

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

Crypto

Crypto prices also were taking it on the chin.

Bitcoin
BTCUSD,
-7.68%
 was down 5% over the past 24 hours, recently trading at $54,840 midday Friday on CoinDesk. The cryptocurrency is down more than 20% from its all-time high of $68,990 on Nov. 10, meeting the commonly used criteria for a bear market in an asset.

Check out: Major cryptocurrencies tumble amid concern about new COVID variant

The dollar

Meanwhile, the U.S. dollar was down 0.7% on the session as measured by the ICE U.S. Dollar Index
DXY,
-0.81%,
dragging it down from around a 16-month high.