In afternoon trading on Friday, Materials stocks are the best performing sector, up 0.7%. Within that group, Nucor Corp. (NYSE:NUE) and Freeport-McMoran Copper & Gold (NYSE:FCX) are two large stocks leading the way, showing a gain of 3.8% and 3.6%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (NYSE:XLB), which is up 0.6% on the day, and up 17.19% year-to-date. Nucor Corp., meanwhile, is up 11.07% year-to-date, and Freeport-McMoran Copper & Gold is up 13.53% year-to-date. Combined, NUE and FCX make up approximately 5.0% of the underlying holdings of XLB.
The next best performing sector is the Energy sector, up 0.7%. Among large Energy stocks, Apache Corp (NYSE:APA) and Occidental Petroleum Corp (NYSE:OXY) are the most notable, showing a gain of 2.6% and 2.1%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.5% in midday trading, and up 11.32% on a year-to-date basis. Apache Corp, meanwhile, is down 7.01% year-to-date, and Occidental Petroleum Corp, is down 12.64% year-to-date. Combined, APA and OXY make up approximately 4.1% of the underlying holdings of XLE.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, five sectors are up on the day, while four sectors are down.
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