Friday Sector Laggards: Technology & Communications, EnergyBy Energy Stock Channel Staff, Friday, April 30, 3:29 PM ETThe worst performing sector as of midday Friday is the Technology & Communications sector, showing a 2.0% loss. Within that group, Twitter Inc (TWTR) and Skyworks Solutions Inc (NASDAQ:SWKS) are two large stocks that are lagging, showing a loss of 13.9% and 8.0%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is down 1.4% on the day, and up 7.66% year-to-date. Twitter Inc, meanwhile, is up 3.46% year-to-date, and Skyworks Solutions Inc is up 19.36% year-to-date. SWKS makes up approximately 0.3% of the underlying holdings of XLK. The next worst performing sector is the Energy sector, showing a 1.9% loss. Among large Energy stocks, APA Corp (NASDAQ:APA) and Chevron Corporation (NYSE:CVX) are the most notable, showing a loss of 3.4% and 3.4%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is down 2.2% in midday trading, and up 32.16% on a year-to-date basis. APA Corp, meanwhile, is up 41.09% year-to-date, and Chevron Corporation is up 23.87% year-to-date. Combined, APA and CVX make up approximately 22.4% 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 Friday. As you can see, one sector is up on the day, while eight sectors are down.
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