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In afternoon trading on Monday, Technology & Communications stocks are the best performing sector, higher by 1.3%. Within that group, Super Micro Computer Inc (NASDAQ:SMCI) and Applied Materials, Inc. (NASDAQ:AMAT) are two large stocks leading the way, showing a gain of 27.8% and 4.8%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is up 1.0% on the day, and up 23.23% year-to-date. Super Micro Computer Inc, meanwhile, is up 46.68% year-to-date, and Applied Materials, Inc. is up 13.88% year-to-date. Combined, SMCI and AMAT make up approximately 4.0% of the underlying holdings of XLK.
The next best performing sector is the Consumer Products sector, higher by 0.3%. Among large Consumer Products stocks, Tesla Inc (NASDAQ:TSLA) and Deckers Outdoor Corp. (NYSE:DECK) are the most notable, showing a gain of 3.3% and 3.3%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.4% in midday trading, and up 12.41% on a year-to-date basis. Tesla Inc, meanwhile, is up 43.46% year-to-date, and Deckers Outdoor Corp. is up 81.73% year-to-date.
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 Monday. As you can see, three sectors are up on the day, while five sectors are down.
Sector
% Change
Technology & Communications
+1.3%
Consumer Products
+0.3%
Services
+0.2%
Healthcare
0.0%
Industrial
-0.1%
Materials
-0.1%
Financial
-0.9%
Energy
-1.3%
Utilities
-1.5%
This Article's Word Cloud:AMATAmongAppliedChangeCombinedCommunicationsComparingComputerConsumerCorpDECKDeckersDividendETFsEnergyFinancialGiantsGoodsHealthcareHeldHereMaterialsMicroMondayNYSEOutdoorProductsSMCISectorSuperTechnologyTeslaafternoonbasisbestdatedowngainhigherlargemeanwhileperformingrespectivelysectorsectorsshowingstockstradingwhichyear
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