EMR February 23rd Options Begin Trading Thursday, January 4, 10:34 AM ET, by Market News Video Staff Investors in Emerson Electric Co. (EMR) saw new options become available today, for the February ...
Looking at the sectors faring best as of midday Tuesday, shares of Financial companies are outperforming other sectors, up 0.8%. Within that group, JPMorgan Chase & Co (NYSE:JPM) and Bank of America Corp. (NYSE:BAC) are two large stocks leading the way, showing a gain of 2.4% and 2.3%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (AMEX:XLF), which is up 1.6% on the day, and up 15.65% year-to-date. JPMorgan Chase & Co, meanwhile, is up 18.54% year-to-date, and Bank of America Corp. is up 24.27% year-to-date. Combined, JPM and BAC make up approximately 18.9% of the underlying holdings of XLF.
The next best performing sector is the Industrial sector, up 0.8%. Among large Industrial stocks, Acuity Brands Inc (NYSE:AYI) and Emerson Electric Co. (NYSE:EMR) are the most notable, showing a gain of 3.1% and 3.0%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 0.8% in midday trading, and up 17.34% on a year-to-date basis. Acuity Brands Inc , meanwhile, is down 28.38% year-to-date, and Emerson Electric Co. is up 17.83% year-to-date. Combined, AYI and EMR make up approximately 2.1% of the underlying holdings of XLI.
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 Tuesday. As you can see, nine sectors are up on the day, while none of the sectors are down.
This Article's Word Cloud:AcuityAmericaAmongBankBrandsChaseCombinedCorpETFsElectricEmersonFinancialHereIndustrialJPMorganNYSEProductsSPDRSectorSelectStartTechnologyTuesdayafternoonapproximatelybasisbestdatedowneachfaringgainholdingslargemakemeanwhilemiddayperformingrelativerespectivelysectorsectorsshowingstocksthatthesetradingunderlyingwhichyear
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.