Friday Sector Leaders: Utilities, Financial Friday, April 12, 3:01 PM ET, by Market News Video Staff The best performing sector as of midday Friday is the Utilities sector, losing just 0.6%. ...
Notable Friday Option Activity: ENPH, MBUU, INTC Friday, April 12, 3:20 PM ET, by Market News Video Staff Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
The best performing sector as of midday Tuesday is the Utilities sector, not showing much of a loss. Within that group, PG&E Corp (NYSE:PCG) and FirstEnergy Corp (NYSE:FE) are two large stocks leading the way, showing a gain of 1.8% and 0.7%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is down 0.3% on the day, and down 7.92% year-to-date. PG&E Corp, meanwhile, is up 7.27% year-to-date, and FirstEnergy Corp, is down 10.21% year-to-date. Combined, PCG and FE make up approximately 5.0% of the underlying holdings of XLU.
The next best performing sector is the Technology & Communications sector, not showing much of a loss. Among large Technology & Communications stocks, Qualcomm Inc (NASDAQ:QCOM) and Enphase Energy Inc. (NASDAQ:ENPH) are the most notable, showing a gain of 4.5% and 3.4%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 0.4% in midday trading, and up 34.44% on a year-to-date basis. Qualcomm Inc, meanwhile, is up 8.25% year-to-date, and Enphase Energy Inc., is down 32.60% year-to-date. Combined, QCOM and ENPH make up approximately 1.9% 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:
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, none of the sectors are up on the day, while seven sectors are down.
Sector
% Change
Utilities
-0.0%
Technology & Communications
0.0%
Financial
-0.1%
Industrial
-0.4%
Services
-0.6%
Consumer Products
-0.7%
Healthcare
-0.7%
Materials
-1.1%
Energy
-2.1%
This Article's Word Cloud:AmongChangeCombinedCommunicationsComparingConsumerCorpDividendENPHETFsEnergyEnphaseFinancialFirstEnergyGiantsHealthcareHeldHereNYSEQCOMQualcommSPDRSectorSelectTechnologyTuesdayUtilitiesapproximatelybasisbestdatedowngainholdingslargelossmakemeanwhilemiddaymuchperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
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%.