Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

XLF February 25th Options Begin Trading
Thursday, January 6, 1:18 PM ET, by Market News Video Staff

Investors in The Materials Select Sector SPDR Fund (XLF) saw new options begin trading today, ...

Bullish Two Hundred Day Moving Average Cross - COF
Friday, January 7, 3:55 PM ET, by Market News Video Staff

In trading on Friday, shares of Capital One Financial Corp (COF) crossed above their 200 ...

Notable Tuesday Option Activity: FANG, INTC, GM
Tuesday, January 11, 2:27 PM ET, by Market News Video Staff

Looking at options trading activity among components of the S&P 500 index, there is noteworthy ...

Tuesday Sector Leaders: Energy, Technology & Communications
Tuesday, January 11, 2:31 PM ET, by Market News Video Staff

Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are ...

Noteworthy Tuesday Option Activity: OXY, QCOM, CHTR
Tuesday, January 11, 3:40 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

Wednesday Sector Laggards: Financial, Energy

By Market News Video Staff, Wednesday, October 13, 3:25 PM ET
Play Video: The Importance of ETFs

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts

Looking at the sectors faring worst as of midday Wednesday, shares of Financial companies are underperforming other sectors, showing a 0.3% loss. Within the sector, Discover Financial Services (NYSE:DFS) and Capital One Financial Corp (NYSE:COF) are two large stocks that are lagging, showing a loss of 3.5% and 3.5%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (NYSE:XLF), which is down 0.8% on the day, and up 31.11% year-to-date. Discover Financial Services, meanwhile, is up 37.28% year-to-date, and Capital One Financial Corp is up 65.74% year-to-date. Combined, DFS and COF make up approximately 2.6% of the underlying holdings of XLF.

The next worst performing sector is the Energy sector, showing a 0.3% loss. Among large Energy stocks, Occidental Petroleum Corp (NYSE:OXY) and Diamondback Energy, Inc. (NASDAQ:FANG) are the most notable, showing a loss of 1.9% and 1.7%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is down 0.2% in midday trading, and up 52.80% on a year-to-date basis. Occidental Petroleum Corp, meanwhile, is up 87.25% year-to-date, and Diamondback Energy, Inc. is up 125.91% year-to-date. Combined, OXY and FANG make up approximately 4.8% 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:

Canada Stock Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, six sectors are up on the day, while two sectors are down.

Sector% Change
Technology & Communications+0.8%
Consumer Products+0.3%

This Article's Word Cloud:   Among   Buying   Capital   Change   Combined   Communications   Comparing   Consumer   Corp   Diamondback   Discover   ETFs   Energy   FANG   Financial   Healthcare   Here   Industrial   Insiders   Looking   Materials   NYSE   Occidental   Petroleum   SPDR   Sector   Select   Services   Wednesday   approximately   basis   date   down   faring   holdings   large   loss   make   meanwhile   midday   respectively   sector   sectors   showing   stocks   trading   underlying   which   worst   year
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Portfolio Channel Stock Market Definitions

Wednesday Sector Laggards: Financial, Energy | Market News Video | Copyright © 2008 - 2022, All Rights Reserved

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.