Tuesday Sector Laggards: Financial, Industrial

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The worst performing sector as of midday Tuesday is the Financial sector, showing a 0.2% loss. Within the sector, Brighthouse Financial Inc (Symbol: BHF) and Huntington Bancshares Inc (Symbol: HBAN) are two large stocks that are lagging, showing a loss of 2.4% and 1.7%, respectively. Among financial ETFs , one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 0.4% on the day, and down 1.85% year-to-date. Brighthouse Financial Inc, meanwhile, is down 27.94% year-to-date, and Huntington Bancshares Inc is up 4.16% year-to-date. Combined, BHF and HBAN make up approximately 0.7% of the underlying holdings of XLF.

The next worst performing sector is the Industrial sector, showing a 0.1% loss. Among large Industrial stocks, American Airlines Group Inc (Symbol: AAL) and Alaska Air Group, Inc. (Symbol: ALK) are the most notable, showing a loss of 1.8% and 1.7%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF ( XLI ), which is up 0.1% in midday trading, and down 2.01% on a year-to-date basis. American Airlines Group Inc, meanwhile, is down 25.42% year-to-date, and Alaska Air Group, Inc., is down 14.22% year-to-date. Combined, AAL and ALK make up approximately 1.1% 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:

Energy Stock Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, five sectors are up on the day, while two sectors are down.

Sector % Change
Utilities +1.2%
Energy +0.5%
Technology & Communications +0.3%
Consumer Products +0.2%
Healthcare +0.1%
Services -0.0%
Materials -0.0%
Industrial -0.1%
Financial -0.2%

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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: XLI , BHF , HBAN , XLF , AAL

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