The S&P technology sector closed down about 2.2%, the financial sector fell about 2%, and in February, the consumer discretionary and telecommunications sectors dropped more than 5%.

In February, the consumer discretionary sector fell by 5.42%, the telecommunication services sector fell by 5.14%, the technology sector fell by 3.98%, the financial sector fell by 3.83%, the healthcare sector rose by 3.39%, the industrial sector rose by 6.97%, the consumer staples sector rose by 7.83%, the real estate sector rose by 8.04%, the materials sector rose by 8.10%, the energy sector rose by 8.77%, and the utilities sector rose by 9.87%.