Thursday Sector Leaders: Utilities, Industrial

Shutterstock photo

Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, up 0.6%. Within that group, FirstEnergy Corp (Symbol: FE) and Entergy Corp (Symbol: ETR) are two large stocks leading the way, showing a gain of 1.9% and 1.6%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.6% on the day, and up 14.89% year-to-date. FirstEnergy Corp, meanwhile, is up 8.16% year-to-date, and Entergy Corp is up 14.69% year-to-date. Combined, FE and ETR make up approximately 4.2% of the underlying holdings of XLU.

The next best performing sector is the Industrial sector, up 0.4%. Among large Industrial stocks, W.W. Grainger Inc. (Symbol: GWW) and Norfolk Southern Corp. (Symbol: NSC) are the most notable, showing a gain of 2.6% and 1.6%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF ( XLI ), which is up 0.6% in midday trading, and up 17.58% on a year-to-date basis. W.W. Grainger Inc., meanwhile, is down 22.20% year-to-date, and Norfolk Southern Corp. is up 25.25% year-to-date. Combined, GWW and NSC make up approximately 2.4% of the underlying holdings of XLI.

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, six sectors are up on the day, while two sectors are down.

Sector % Change
Utilities +0.6%
Industrial +0.4%
Materials +0.3%
Technology & Communications +0.2%
Consumer Products +0.1%
Financial +0.1%
Healthcare 0.0%
Services -0.7%
Energy -0.7%

10 ETFs With Stocks That Insiders Are Buying ยป

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: XLI , FE , ETR , XLU , GWW

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?