Market Wrap-Up

New unemployment, inflation and manufacturing data coupled with skepticism about a White House mortgage rescue plan spurred a selloff in the stock market on Thursday. The Dow Jones Industrial Average closed at a level not seen since the last bear market. To read the complete run down click here.

Hewlett-Packard (HPQ), the tech giant that reported poor numbers Thursday, and General Electric (GE), whose shares are hovering at an anemic $10 a piece, weighed heavily on large-cap and sector ETFs. Meanwhile, bank stocks caused financials ETFs to dip lower. For the second straight day, three of the top five most actively-traded ETFs focused on the financial sector. The SPDR Select Financials ETF (XLF) traded just over 200 million shares. However, 79 ETFs didn t trade a single share, according to Lipper.

Winners

Rising oil prices gave a push to shares of the United States Oil (USO) and iPath S&P GSCI Crude Oil Total Return (OIL) funds. Both closed up 6.2%.

Losers

The tech slide hit ProShares Ultra Semiconductors (USD), which closed down 9.7%. The financial sector pasting took down shares of the SPDR KBW Insurance ETF (KIE) by 6.1%. Bearish sentiments on real estate hit the SPDR S&P Homebuilders fund (XHB). It closed down 5.7% as major holding Toll Brothers (TOL) and Pulte Homes (PHM) continued to slide.

Friday's Notebook

Earnings and Conference Calls
Barrick Gold, Brady, Constellation Energy Partners, JCPenney, LifePoint Hospitals, Lowe s, Prudential, TRW Auto

Economic Data
8:30 a.m. Jan. Consumer Price Index
8:30 a.m. Jan. Consumer Price Index ex-food and energy

Quick Take

A look at how the industry's most popular ETFs did on Thursday.