Thursday Sector Leaders: Services, Utilities

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In afternoon trading on Thursday, Services stocks are the best performing sector, up 0.7%. Within the sector, Viacom Inc (Symbol: VIAB) and Michael Kors Holdings Ltd (Symbol: KORS) are two large stocks leading the way, showing a gain of 5.6% and 3.8%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is up 0.5% on the day, and up 13.75% year-to-date. Viacom Inc, meanwhile, is down 0.57% year-to-date, and Michael Kors Holdings Ltd is up 15.49% year-to-date. VIAB makes up approximately 0.3% of the underlying holdings of IYC.

The next best performing sector is the Utilities sector, up 0.4%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Public Service Enterprise Group Inc (Symbol: PEG) are the most notable, showing a gain of 1.3% and 1.2%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is up 0.4% in midday trading, and up 2.52% on a year-to-date basis. Exelon Corp, meanwhile, is up 11.89% year-to-date, and Public Service Enterprise Group Inc is up 2.52% year-to-date. Combined, EXC and PEG make up approximately 9.9% 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:

Stock Message Boards

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, five sectors are up on the day, while four sectors are down.

Sector % Change
Services +0.7%
Utilities +0.4%
Materials +0.4%
Technology & Communications +0.3%
Consumer Products +0.1%
Healthcare -0.1%
Industrial -0.1%
Financial -0.2%
Energy -1.0%

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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 , Investing Ideas
Referenced Symbols: XLU , VIAB , KORS , IYC , EXC

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