The Math Shows IYC Can Go To $87 Monday, March 18, 7:21 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
FANG Crosses Above Average Analyst Target Wednesday, March 20, 6:50 AM ET, by Market News Video Staff In recent trading, shares of Diamondback Energy, Inc. (FANG) have crossed above the average analyst ...
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Wednesday Sector Leaders: Services, Energy
By Market News Video Staff, Wednesday, May 26, 2:32 PM ET
The best performing sector as of midday Wednesday is the Services sector, up 0.9%. Within that group, Discovery Inc - Series C (DISCK) and Discovery Inc (DISCA) are two large stocks leading the way, showing a gain of 4.2% and 4.1%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (NYSE:IYC), which is up 0.6% on the day, and up 8.71% year-to-date. Discovery Inc - Series C, meanwhile, is up 13.17% year-to-date, and Discovery Inc is up 6.05% year-to-date. Combined, DISCK and DISCA make up approximately 0.3% of the underlying holdings of IYC.
The next best performing sector is the Energy sector, higher by 0.8%. Among large Energy stocks, Diamondback Energy, Inc. (NASDAQ:FANG) and Occidental Petroleum Corp (NYSE:OXY) are the most notable, showing a gain of 2.6% and 2.3%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.6% in midday trading, and up 38.34% on a year-to-date basis. Diamondback Energy, Inc., meanwhile, is up 61.65% year-to-date, and Occidental Petroleum Corp is up 45.52% year-to-date. Combined, FANG and OXY make up approximately 3.8% of the underlying holdings of XLE.
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 Wednesday. As you can see, eight sectors are up on the day, while one sector is down.
Sector
% Change
Services
+0.9%
Energy
+0.8%
Consumer Products
+0.7%
Financial
+0.7%
Utilities
+0.3%
Technology & Communications
+0.2%
Industrial
+0.1%
Materials
+0.1%
Healthcare
-0.3%
This Article's Word Cloud:AmongBuyingChangeCombinedCommunicationsComparingConsumerCorpDISCADISCKDiamondbackDiscoveryETFsEnergyFANGFinancialHealthcareHereIndustrialInsidersMaterialsNYSEOccidentalPetroleumProductsSectorSeriesServicesWednesdayapproximatelybasisbestcloselydategainholdingslargemakemeanwhilemiddayperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
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