Looking at the sectors faring best as of midday Friday, shares of Technology & Communications companies are outperforming other sectors, higher by 1.0%. Within that group, Tripadvisor Inc (NASDAQ:TRIP) and Autodesk Inc. (NASDAQ:ADSK) are two large stocks leading the way, showing a gain of 4.9% and 3.5%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (AMEX:XLK), which is up 1.0% on the day, and up 19.29% year-to-date. Tripadvisor Inc, meanwhile, is down 10.18% year-to-date, and Autodesk Inc. is up 46.79% year-to-date. ADSK makes up approximately 0.4% of the underlying holdings of XLK.
The next best performing sector is the Healthcare sector, higher by 0.8%. Among large Healthcare stocks, Vertex Pharmaceuticals, Inc. (NASDAQ:VRTX) and Perrigo Company plc (NYSE:PRGO) are the most notable, showing a gain of 3.1% and 2.8%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.5% in midday trading, and up 15.09% on a year-to-date basis. Vertex Pharmaceuticals, Inc., meanwhile, is up 107.95% year-to-date, and Perrigo Company plc, is down 4.71% year-to-date. Combined, VRTX and PRGO make up approximately 1.6% 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 Friday. As you can see, five sectors are up on the day, while four sectors are down.
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