Noteworthy Wednesday Option Activity: HLF, MPC, EL Wednesday, April 3, 3:33 PM ET, by Market News Video Staff Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
Analysts Predict 15% Upside For IEZ Monday, April 8, 7:00 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
VDE, MPC, PSX, PXD: ETF Outflow Alert Monday, April 8, 11:18 AM ET, by Market News Video Staff Symbols mentioned in this story: VDE, MPC, PSX, PXD Exchange traded funds (ETFs) trade just ...
Looking at the sectors faring worst as of midday Wednesday, shares of Technology & Communications companies are underperforming other sectors, showing a 1.2% loss. Within that group, Rockwell Automation, Inc. (NYSE:ROK) and Teradyne, Inc. (NASDAQ:TER) are two large stocks that are lagging, showing a loss of 15.3% and 8.1%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is down 1.3% on the day, and up 3.54% year-to-date. Rockwell Automation, Inc., meanwhile, is down 16.17% year-to-date, and Teradyne, Inc., is down 11.43% year-to-date. TER makes up approximately 0.1% of the underlying holdings of XLK.
The next worst performing sector is the Energy sector, showing a 1.1% loss. Among large Energy stocks, Marathon Petroleum Corp. (NYSE:MPC) and Baker Hughes Company (NASDAQ:BKR) are the most notable, showing a loss of 2.6% and 1.9%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is down 1.0% in midday trading, and up 0.36% on a year-to-date basis. Marathon Petroleum Corp., meanwhile, is up 11.49% year-to-date, and Baker Hughes Company, is down 15.78% year-to-date. Combined, MPC and BKR make up approximately 6.2% 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, two sectors are up on the day, while six sectors are down.
Sector
% Change
Utilities
+0.5%
Healthcare
+0.5%
Services
-0.0%
Financial
-0.2%
Industrial
-0.2%
Materials
-0.4%
Consumer Products
-0.5%
Energy
-1.1%
Technology & Communications
-1.2%
This Article's Word Cloud:AmongAutomationBakerBuyingChangeCombinedCommunicationsCompanyComparingConsumerCorpETFsEnergyFinancialHealthcareHereHughesIndustrialInsidersMarathonNYSEPetroleumRockwellSPDRSectorSelectTechnologyTeradyneWednesdayapproximatelybasisdatedownfaringholdingslargelossmeanwhilemiddayrespectivelysectorsectorsshowingstocksthattradingunderlyingwhichworstyear
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%.