Tuesday Sector Laggards: Services, Healthcare Tuesday, December 26, 2:31 PM ET, by Market News Video Staff The worst performing sector as of midday Tuesday is the Services sector, higher by 0.3%. ...
Friday Sector Leaders: Services, Financial Friday, January 5, 4:49 PM ET, by Market News Video Staff Looking at the sectors faring best as of midday Friday, shares of Services companies are ...
Tuesday Sector Leaders: Services, Utilities Tuesday, January 16, 2:32 PM ET, by Market News Video Staff Looking at the sectors faring best as of midday Tuesday, shares of Services companies are ...
Friday Sector Laggards: Services, Materials
By Market News Video Staff, Friday, May 6, 2:59 PM ET
The worst performing sector as of midday Friday is the Services sector, showing a 2.6% loss. Within the sector, DISH Network Corp (NASDAQ:DISH) and News Corp (NASDAQ:NWS) are two large stocks that are lagging, showing a loss of 16.8% and 12.7%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (NYSE:IYC), which is down 1.8% on the day, and down 23.22% year-to-date. DISH Network Corp, meanwhile, is down 29.53% year-to-date, and News Corp, is down 23.51% year-to-date. NWS makes up approximately 0.1% of the underlying holdings of IYC.
The next worst performing sector is the Materials sector, showing a 1.9% loss. Among large Materials stocks, Ball Corp (BLL) and Vulcan Materials Co (NYSE:VMC) are the most notable, showing a loss of 7.0% and 4.7%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is down 2.0% in midday trading, and down 6.93% on a year-to-date basis. Ball Corp, meanwhile, is down 25.58% year-to-date, and Vulcan Materials Co, is down 18.53% year-to-date. Combined, BLL and VMC make up approximately 4.7% 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 Friday. As you can see, one sector is up on the day, while seven sectors are down.
Sector
% Change
Energy
+1.3%
Utilities
0.0%
Consumer Products
-1.6%
Financial
-1.6%
Technology & Communications
-1.6%
Healthcare
-1.8%
Industrial
-1.8%
Materials
-1.9%
Services
-2.6%
This Article's Word Cloud:AmongBallBuyingChangeCombinedCommunicationsComparingConsumerCorpDISHETFsEnergyFinancialFridayHealthcareHereIndustrialInsidersMaterialsNYSENetworkNewsProductsSPDRSectorSelectServicesStartVulcanapproximatelybasiscloselydatedownholdingslargelossmeanwhilemiddayperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichworstyear
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%.