Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Interesting AMAT Put And Call Options For July 9th
Thursday, May 27, 12:36 PM ET, by Market News Video Staff

Investors in Applied Materials, Inc. (AMAT) saw new options become available today, for the July ...

ETSY July 9th Options Begin Trading
Thursday, May 27, 1:06 PM ET, by Market News Video Staff

Investors in Etsy Inc (ETSY) saw new options become available today, for the July 9th ...

Noteworthy Friday Option Activity: FIVE, ETSY, RGR
Friday, May 28, 5:31 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

Notable ETF Outflow Detected - IWM, CZR, PENN, PLUG
Tuesday, June 1, 10:48 AM ET, by Market News Video Staff

Symbols mentioned in this story: IWM, CZR, PENN, PLUG Exchange traded funds (ETFs) trade just ...

Applied Materials Moves Up In Analyst Rankings, Passing DexCom
Tuesday, June 1, 11:51 AM ET, by Market News Video Staff

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

Wednesday Sector Laggards: Services, Technology & Communications

By Market News Video Staff, Wednesday, May 12, 2:38 PM ET
Play Video: The Importance of ETFs

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

The worst performing sector as of midday Wednesday is the Services sector, showing a 2.8% loss. Within the sector, Penn National Gaming Inc (NASDAQ:PENN) and Caesars Entertainment Inc (NASDAQ:CZR) are two large stocks that are lagging, showing a loss of 7.2% and 6.7%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (NYSE:IYC), which is down 2.5% on the day, and up 5.70% year-to-date. Penn National Gaming Inc, meanwhile, is down 10.74% year-to-date, and Caesars Entertainment Inc is up 26.63% year-to-date.

The next worst performing sector is the Technology & Communications sector, showing a 2.6% loss. Among large Technology & Communications stocks, Applied Materials, Inc. (NASDAQ:AMAT) and Etsy Inc (NASDAQ:ETSY) are the most notable, showing a loss of 6.3% and 5.3%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 2.7% in midday trading, and up 1.37% on a year-to-date basis. Applied Materials, Inc., meanwhile, is up 34.33% year-to-date, and Etsy Inc, is down 9.57% year-to-date. AMAT makes up approximately 1.3% of the underlying holdings of XLK.

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:

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

Sector% Change
Consumer Products-1.8%
Technology & Communications-2.6%

This Article's Word Cloud:   AMAT   Among   Applied   Caesars   Change   Communications   Comparing   Consumer   Dividend   ETFs   ETSY   Energy   Entertainment   Etsy   Financial   Gaming   Giants   Healthcare   Held   Here   Industrial   Materials   NYSE   National   PENN   Penn   Products   SPDR   Sector   Services   Technology   Wednesday   basis   closely   date   down   large   loss   meanwhile   midday   performing   respectively   sector   sectors   showing   stocks   trading   which   worst   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 Laggards: Services, Technology & Communications | Market News Video | Copyright © 2008 - 2021, 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.