AEP Crosses Critical Technical Indicator Tuesday, January 2, 11:27 AM ET, by Market News Video Staff In trading on Tuesday, shares of American Electric Power Company, Inc. (AEP) entered into oversold ...
Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 0.5% loss. Within the sector, NRG Energy Inc (NYSE:NRG) and WEC Energy Group Inc (NYSE:WEC) are two large stocks that are lagging, showing a loss of 2.4% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX:XLU), which is down 0.5% on the day, and up 6.66% year-to-date. NRG Energy Inc, meanwhile, is up 42.58% year-to-date, and WEC Energy Group Inc is up 2.79% year-to-date. Combined, NRG and WEC make up approximately 3.9% of the underlying holdings of XLU.
The next worst performing sector is the Consumer Products sector, up 0.6%. Among large Consumer Products stocks, Philip Morris International Inc (NYSE:PM) and Kimberly-Clark Corp. (NYSE:KMB) are the most notable, showing a loss of 3.9% and 1.1%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.1% in midday trading, and up 8.19% on a year-to-date basis. Philip Morris International Inc, meanwhile, is up 20.78% year-to-date, and Kimberly-Clark Corp. is up 16.23% year-to-date. Combined, PM and KMB make up approximately 9.7% of the underlying holdings of IYK.
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, eight sectors are up on the day, while one sector is down.
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