The S&P 500 fell 0.3% to 3,773.48.
The Dow 30 dropped 0.3% to 30,670.21.
The Nasdaq slid 0.3% to 10,995.59.
Crude oil jumped 2.1% to $108.02 per barrel.
Gold was flat at $1,807 per ounce.
The yield on a 10-year bond declined 3.4% to 2.871%.
Terran Orbital Corp. (NYSE: LLAP) fell 8.6% to $4.19 per share and a $574 million market cap. Shares for the small satellite developer, which has significant operations in Irvine, saw a 7.2% rise on Thursday, after a successful launch of a satellite for a lunar mission.
Indie Semiconductor Inc. (Nasdaq: INDI) dropped 4.7% to $5.43 per share and a $633 million market cap. Shares for the Aliso Viejo-based auto-focused semiconductor maker are off about 67% their 52-week high last November.