Thursday Sector Leaders: Industrial, Materials

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In afternoon trading on Thursday, Industrial stocks are the best performing sector, higher by 0.9%. Within that group, Southwest Airlines Co (Symbol: LUV) and Lam Research Corp (Symbol: LRCX) are two of the day's stand-outs, showing a gain of 2.9% and 2.9%, respectively. Among industrial ETFs , one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is up 1.0% on the day, and up 21.10% year-to-date. Southwest Airlines Co, meanwhile, is up 27.12% year-to-date, and Lam Research Corp is up 81.05% year-to-date. LUV makes up approximately 1.3% of the underlying holdings of XLI.

The next best performing sector is the Materials sector, higher by 0.8%. Among large Materials stocks, Martin Marietta Materials, Inc. (Symbol: MLM) and CF Industries Holdings Inc (Symbol: CF) are the most notable, showing a gain of 4.0% and 3.6%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is up 0.6% in midday trading, and up 20.87% on a year-to-date basis. Martin Marietta Materials, Inc., meanwhile, is down 4.60% year-to-date, and CF Industries Holdings Inc is up 24.08% year-to-date. Combined, MLM and CF make up approximately 3.8% of the underlying holdings of XLB.

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 Thursday. As you can see, eight sectors are up on the day, while none of the sectors are down.

Sector % Change
Industrial +0.9%
Materials +0.8%
Technology & Communications +0.6%
Healthcare +0.5%
Financial +0.4%
Consumer Products +0.2%
Services +0.2%
Energy +0.1%
Utilities 0.0%

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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
Referenced Symbols: XLB , LUV , LRCX , XLI , MLM

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