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

Featured MNV Articles:

Jazz Pharmaceuticals Larger Than S&P 500 Component Packaging Corp of America
Wednesday, October 3, 4:36 PM ET, by Market News Video Staff

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Jazz ...

IYC's Holdings Could Mean 10% Gain Potential
Thursday, October 4, 8:17 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

M November 23rd Options Begin Trading
Thursday, October 4, 10:36 AM ET, by Market News Video Staff

Investors in Macy's Inc (M) saw new options begin trading today, for the November 23rd ...

November 23rd Options Now Available For Freeport-McMoran Copper & Gold (FCX)
Thursday, October 4, 10:57 AM ET, by Market News Video Staff

Investors in Freeport-McMoran Copper & Gold (FCX) saw new options begin trading today, for the ...

RSI Alert: Macy's Now Oversold
Thursday, October 4, 3:59 PM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

Wednesday Sector Leaders: Services, Materials

By Market News Video Staff, Wednesday, May 16, 2:31 PM ET
Play Video: The Importance of ETFs

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In afternoon trading on Wednesday, Services stocks are the best performing sector, higher by 1.2%. Within that group, Macy's Inc (NYSE:M) and Dish Network Corp (NASDAQ:DISH) are two large stocks leading the way, showing a gain of 11.0% and 3.9%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (NYSE:IYC), which is up 1.1% on the day, and up 5.27% year-to-date. Macy's Inc, meanwhile, is up 33.42% year-to-date, and Dish Network Corp, is down 30.41% year-to-date. Combined, M and DISH make up approximately 0.5% of the underlying holdings of IYC.

The next best performing sector is the Materials sector, higher by 1.1%. Among large Materials stocks, Freeport-McMoran Copper & Gold (NYSE:FCX) and Packaging Corp of America (NYSE:PKG) are the most notable, showing a gain of 5.2% and 3.6%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 1.2% in midday trading, and down 1.10% on a year-to-date basis. Freeport-McMoran Copper & Gold, meanwhile, is down 11.21% year-to-date, and Packaging Corp of America, is down 0.75% year-to-date. Combined, FCX and PKG make up approximately 5.2% of the underlying holdings of XLB.

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:

Metals 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, eight sectors are up on the day, while one sector is down.

Sector% Change
Consumer Products+1.0%
Technology & Communications+0.7%

This Article's Word Cloud:   America   Among   Buying   Change   Combined   Communications   Comparing   Consumer   Copper   Corp   DISH   Dish   ETFs   Energy   Financial   Freeport   Gold   Healthcare   Macy   Materials   McMoran   NYSE   Network   Packaging   Sector   Services   Wednesday   afternoon   approximately   basis   best   closely   date   down   gain   higher   holdings   large   make   meanwhile   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   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 Stock Message Boards Stock Market Definitions

Wednesday Sector Leaders: Services, Materials | Market News Video | Copyright © 2008 - 2018, 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.