The best performing sector as of midday Thursday is the Energy sector, higher by 2.6%. Within that group, Devon Energy Corp. (NYSE:DVN) and ONEOK Inc (NYSE:OKE) are two large stocks leading the way, showing a gain of 6.3% and 6.2%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is up 2.8% on the day, and down 47.09% year-to-date. Devon Energy Corp., meanwhile, is down 62.50% year-to-date, and ONEOK Inc, is down 56.41% year-to-date. Combined, DVN and OKE make up approximately 3.2% of the underlying holdings of XLE.
The next best performing sector is the Healthcare sector, higher by 1.9%. Among large Healthcare stocks, Align Technology Inc (NASDAQ:ALGN) and DENTSPLY SIRONA Inc (NASDAQ:XRAY) are the most notable, showing a gain of 33.4% and 5.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 1.5% in midday trading, and up 6.68% on a year-to-date basis. Align Technology Inc, meanwhile, is up 60.49% year-to-date, and DENTSPLY SIRONA Inc, is down 14.68% year-to-date. Combined, ALGN and XRAY make up approximately 1.1% of the underlying holdings of XLV.
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 Thursday. As you can see, nine sectors are up on the day, while none of the sectors are down.
Technology & Communications
This Article's Word Cloud:ALGNAlignAmongBuyingCareChangeCombinedCommunicationsComparingConsumerCorpDevonETFsEnergyFinancialHealthHealthcareHereIndustrialInsidersNYSEONEOKSPDRSectorSelectTechnologyThursdayXRAYapproximatelybasisbestdatedowngainhigherholdingslargemakemeanwhilemiddayperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.