Noteworthy ETF Outflows: ARKK, ROKU, CRSP, COIN Friday, January 2, 10:50 AM ET, by Market News Video Staff Symbols mentioned in this story: ARKK, ROKU, CRSP, COIN Exchange traded funds (ETFs) trade just ...
Noteworthy Friday Option Activity: ABNB, PANW, CEG Friday, January 2, 1:58 PM ET, by Market News Video Staff Looking at options trading activity among components of the S&P 500 index, there is noteworthy ...
Noteworthy Friday Option Activity: COIN, AMZN, GME Friday, January 2, 3:20 PM ET, by Market News Video Staff Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
The best performing sector as of midday Friday is the Technology & Communications sector, higher by 1.0%. Within that group, Coinbase Global Inc (NASDAQ:COIN) and International Business Machines Corp (NYSE:IBM) are two large stocks leading the way, showing a gain of 8.7% and 7.5%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is up 1.7% on the day, and up 26.90% year-to-date. Coinbase Global Inc, meanwhile, is up 41.29% year-to-date, and International Business Machines Corp is up 41.65% year-to-date. IBM makes up approximately 2.4% of the underlying holdings of XLK.
The next best performing sector is the Utilities sector, up 0.7%. Among large Utilities stocks, Constellation Energy Corp (NASDAQ:CEG) and Vistra Corp (NYSE:VST) are the most notable, showing a gain of 5.8% and 4.2%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 1.1% in midday trading, and up 22.83% on a year-to-date basis. Constellation Energy Corp, meanwhile, is up 73.49% year-to-date, and Vistra Corp is up 45.10% year-to-date. Combined, CEG and VST make up approximately 13.1% 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 Friday. As you can see, seven sectors are up on the day, while one sector is down.
Sector
% Change
Technology & Communications
+1.0%
Utilities
+0.7%
Financial
+0.7%
Industrial
+0.6%
Healthcare
+0.3%
Services
+0.1%
Materials
+0.1%
Consumer Products
-0.0%
Energy
-0.9%
This Article's Word Cloud:AmongBusinessBuyingCOINChangeCoinbaseCombinedCommunicationsComparingConstellationConsumerCorpETFsEnergyFinancialFridayGlobalHealthcareHereIndustrialInsidersInternationalMachinesMaterialsNYSESPDRSectorSelectTechnologyUtilitiesVistraapproximatelybasisbestdategainholdingslargemeanwhilemiddayperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
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