Thursday Sector Laggards: Utilities, Services Thursday, March 21, 2:33 PM ET, by Market News Video Staff Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are ...
Notable ETF Inflow Detected - IHI, ABT, SYK, MDT Friday, March 22, 10:50 AM ET, by Market News Video Staff Symbols mentioned in this story: IHI, ABT, SYK, MDT Exchange traded funds (ETFs) trade just ...
Looking at the sectors faring worst as of midday Tuesday, shares of Healthcare companies are underperforming other sectors, showing a 0.9% loss. Within that group, Abbott Laboratories (NYSE:ABT) and Thermo Fisher Scientific Inc (NYSE:TMO) are two of the day's laggards, showing a loss of 8.2% and 4.7%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (NYSE:XLV), which is down 1.4% on the day, and up 7.75% year-to-date. Abbott Laboratories, meanwhile, is down 1.38% year-to-date, and Thermo Fisher Scientific Inc, is down 3.86% year-to-date. Combined, ABT and TMO make up approximately 8.1% of the underlying holdings of XLV.
The next worst performing sector is the Utilities sector, showing a 0.6% loss. Among large Utilities stocks, Eversource Energy (NYSE:ES) and Xcel Energy Inc (NASDAQ:XEL) are the most notable, showing a loss of 1.3% and 1.3%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.7% in midday trading, and up 3.97% on a year-to-date basis. Eversource Energy, meanwhile, is down 5.98% year-to-date, and Xcel Energy Inc is up 5.65% year-to-date. Combined, ES and XEL make up approximately 7.2% of the underlying holdings of XLU.
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, five sectors are up on the day, while four sectors are down.
Sector
% Change
Energy
+4.6%
Materials
+1.2%
Financial
+0.5%
Industrial
+0.3%
Consumer Products
+0.2%
Services
-0.1%
Technology & Communications
-0.2%
Utilities
-0.6%
Healthcare
-0.9%
This Article's Word Cloud:AbbottAmongCareChangeCombinedCommunicationsComparingConsumerDividendETFsEnergyEversourceFinancialFisherGiantsHealthHealthcareHeldHereIndustrialLaboratoriesNYSESPDRScientificSectorSelectThermoTuesdayUtilitiesXcelapproximatelybasisdatedownfaringholdingslossmakemeanwhilemiddayrespectivelysectorsectorsshowingstockstradingunderlyingwhichworstyear
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%.
Play Video:
The Importance of ETFs
Free Email Alerts By Stock:
Start slideshow:
