Noteworthy ETF Inflows: XLB, SHW, FCX, ECL Thursday, March 21, 10:47 AM ET, by Market News Video Staff Symbols mentioned in this story: XLB, SHW, FCX, ECL Exchange traded funds (ETFs) trade just ...
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NUE Crosses Above Average Analyst Target Friday, March 22, 7:31 AM ET, by Market News Video Staff In recent trading, shares of Nucor Corp. (NUE) have crossed above the average analyst 12-month ...
Notable ETF Outflow Detected - SMH, TSM, QCOM, NXPI Monday, March 25, 10:57 AM ET, by Market News Video Staff Symbols mentioned in this story: SMH, TSM, QCOM, NXPI Exchange traded funds (ETFs) trade just ...
In afternoon trading on Friday, Materials stocks are the worst performing sector, showing a 2.1% loss. Within that group, Nucor Corp. (NYSE:NUE) and International Flavors & Fragrances Inc. (NYSE:IFF) are two large stocks that are lagging, showing a loss of 5.0% and 5.0%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (NYSE:XLB), which is down 2.1% on the day, and up 13.24% year-to-date. Nucor Corp., meanwhile, is up 97.65% year-to-date, and International Flavors & Fragrances Inc. is up 26.34% year-to-date. Combined, NUE and IFF make up approximately 7.1% of the underlying holdings of XLB.
The next worst performing sector is the Technology & Communications sector, showing a 1.2% loss. Among large Technology & Communications stocks, IPG Photonics Corp (NASDAQ:IPGP) and Qualcomm Inc (NASDAQ:QCOM) are the most notable, showing a loss of 3.4% and 3.4%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 1.5% in midday trading, and up 20.10% on a year-to-date basis. IPG Photonics Corp, meanwhile, is down 25.85% year-to-date, and Qualcomm Inc, is down 10.93% year-to-date. Combined, IPGP and QCOM make up approximately 1.5% of the underlying holdings of XLK.
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, none of the sectors are up on the day, while nine sectors are down.
Sector
% Change
Healthcare
-0.1%
Utilities
-0.3%
Consumer Products
-0.4%
Services
-0.4%
Financial
-0.4%
Energy
-0.8%
Industrial
-1.1%
Technology & Communications
-1.2%
Materials
-2.1%
This Article's Word Cloud:AmongBuyingChangeCombinedCommunicationsComparingConsumerCorpETFsEnergyFinancialFlavorsFragrancesFridayHealthcareIPGPInternationalMaterialsNYSENucorPhotonicsQCOMQualcommSPDRSectorSelectTechnologyafternoonapproximatelybasiscloselydatedownholdingslargelossmakemeanwhileperformingrespectivelysectorsectorsshowingstocksthattradingunderlyingwhichworstyear
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