Wednesday Sector Leaders: Utilities, Materials Wednesday, March 27, 3:26 PM ET, by Market News Video Staff In afternoon trading on Wednesday, Utilities stocks are the best performing sector, higher by 2.0%. ...
May 10th Options Now Available For Mosaic (MOS) Thursday, March 28, 10:45 AM ET, by Market News Video Staff Investors in Mosaic Co (MOS) saw new options begin trading today, for the May 10th ...
Thursday Sector Leaders: Energy, Utilities Thursday, March 28, 2:50 PM ET, by Market News Video Staff In afternoon trading on Thursday, Energy stocks are the best performing sector, up 1.2%. Within ...
Notable Thursday Option Activity: PTLO, DVN, WDC Thursday, March 28, 3:36 PM ET, by Market News Video Staff Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
XLE, COP, SLB, EOG: ETF Inflow Alert Monday, April 1, 10:49 AM ET, by Market News Video Staff Symbols mentioned in this story: XLE, COP, SLB, EOG Exchange traded funds (ETFs) trade just ...
Thursday Sector Laggards: Energy, Materials
By Market News Video Staff, Thursday, February 18, 2:31 PM ET
Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 2.5% loss. Within the sector, Devon Energy Corp. (NYSE:DVN) and Diamondback Energy, Inc. (NASDAQ:FANG) are two of the day's laggards, showing a loss of 5.0% and 4.9%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is down 1.8% on the day, and up 20.40% year-to-date. Devon Energy Corp., meanwhile, is up 30.59% year-to-date, and Diamondback Energy, Inc. is up 35.31% year-to-date. Combined, DVN and FANG make up approximately 2.7% of the underlying holdings of XLE.
The next worst performing sector is the Materials sector, showing a 1.1% loss. Among large Materials stocks, Albemarle Corp. (NYSE:ALB) and Mosaic Co (NYSE:MOS) are the most notable, showing a loss of 8.7% and 7.7%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is down 0.4% in midday trading, and up 2.02% on a year-to-date basis. Albemarle Corp., meanwhile, is down 2.56% year-to-date, and Mosaic Co is up 22.03% year-to-date. Combined, ALB and MOS make up approximately 3.2% 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:
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, two sectors are up on the day, while six sectors are down.
Sector
% Change
Utilities
+0.8%
Consumer Products
+0.5%
Services
0.0%
Technology & Communications
-0.4%
Industrial
-0.4%
Healthcare
-0.5%
Financial
-0.5%
Materials
-1.1%
Energy
-2.5%
This Article's Word Cloud:AlbemarleAmongBuyingChangeCombinedCommunicationsComparingConsumerCorpDevonDiamondbackETFsEnergyFANGFinancialHealthcareHereIndustrialInsidersLookingMaterialsMosaicNYSEProductsSPDRSectorSelectServicesStartThursdayapproximatelybasisdatedownfaringholdingslossmakemeanwhilemiddayrespectivelysectorsectorsshowingstockstradingunderlyingwhichworstyear
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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.