Monday Sector Laggards: Utilities, HealthcareBy Energy Stock Channel Staff, Monday, October 11, 2:43 PM ETThe worst performing sector as of midday Monday is the Utilities sector, showing a 0.9% loss. Within the sector, NextEra Energy Inc (NYSE:NEE) and Alliant Energy Corp (NASDAQ:LNT) are two large stocks that are lagging, showing a loss of 2.6% and 2.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is down 1.2% on the day, and up 4.33% year-to-date. NextEra Energy Inc, meanwhile, is up 2.77% year-to-date, and Alliant Energy Corp is up 8.56% year-to-date. Combined, NEE and LNT make up approximately 18.1% of the underlying holdings of XLU. The next worst performing sector is the Healthcare sector, showing a 0.3% loss. Among large Healthcare stocks, Teleflex Incorporated (NYSE:TFX) and Boston Scientific Corp. (NYSE:BSX) are the most notable, showing a loss of 1.8% and 1.7%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.4% in midday trading, and up 12.64% on a year-to-date basis. Teleflex Incorporated, meanwhile, is down 13.13% year-to-date, and Boston Scientific Corp. is up 18.01% year-to-date. Combined, TFX and BSX make up approximately 1.6% of the underlying holdings of XLV. 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, two sectors are up on the day, while four sectors are down.
This Article's Word Cloud:
Alliant
Among
Boston
Care
Change
Combined
Communications
Comparing
Consumer
Corp
Dividend
ETFs
Energy
Financial
Giants
Health
Healthcare
Held
Here
Incorporated
Monday
NYSE
NextEra
SPDR
Scientific
Sector
Select
Teleflex
Utilities
approximately
basis
date
down
holdings
large
loss
make
meanwhile
midday
performing
respectively
sector
sectors
showing
stocks
trading
underlying
which
worst
year
|