Monday Sector Leaders: Materials, Technology & Communications

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The best performing sector as of midday Monday is the Materials sector, up 1.6%. Within that group, Goodyear Tire & Rubber Co. (Symbol: GT) and Mosaic Co (Symbol: MOS) are two of the day's stand-outs, showing a gain of 4.5% and 3.7%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is up 1.5% on the day, and up 0.01% year-to-date. Goodyear Tire & Rubber Co., meanwhile, is down 22.47% year-to-date, and Mosaic Co is up 19.95% year-to-date. MOS makes up approximately 1.9% of the underlying holdings of XLB.

The next best performing sector is the Technology & Communications sector, higher by 1.0%. Among large Technology & Communications stocks, Advanced Micro Devices, Inc. (Symbol: AMD) and Twitter Inc (Symbol: TWTR ) are the most notable, showing a gain of 11.8% and 5.0%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF ( XLK ), which is up 0.9% in midday trading, and up 17.92% on a year-to-date basis. Advanced Micro Devices, Inc., meanwhile, is up 160.75% year-to-date, and Twitter Inc is up 49.88% year-to-date. Combined, AMD and TWTR make up approximately 0.6% of the underlying holdings of XLK.

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:

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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, eight sectors are up on the day, while one sector is down.

Sector % Change
Materials +1.6%
Technology & Communications +1.0%
Industrial +1.0%
Consumer Products +0.7%
Healthcare +0.6%
Financial +0.6%
Energy +0.6%
Services +0.1%
Utilities -0.7%

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas
Referenced Symbols: XLK , GT , MOS , XLB , AMD

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