Quantcast

Tuesday Sector Leaders: Materials, Energy


Shutterstock photo

In afternoon trading on Tuesday, Materials stocks are the best performing sector, up 1.1%. Within the sector, Avery Dennison Corp (Symbol: AVY) and Mosaic Co (Symbol: MOS) are two large stocks leading the way, showing a gain of 9.6% and 2.9%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is up 1.2% on the day, and down 2.24% year-to-date. Avery Dennison Corp, meanwhile, is down 0.93% year-to-date, and Mosaic Co is up 14.01% year-to-date. Combined, AVY and MOS make up approximately 3.6% of the underlying holdings of XLB.

The next best performing sector is the Energy sector, up 0.7%. Among large Energy stocks, Pioneer Natural Resources Co (Symbol: PXD) and Baker Hughes, A GE Company (Symbol: BHGE) are the most notable, showing a gain of 3.3% and 2.2%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is up 1.1% in midday trading, and up 5.66% on a year-to-date basis. Pioneer Natural Resources Co, meanwhile, is up 8.46% year-to-date, and Baker Hughes, A GE Company is up 6.15% year-to-date. Combined, PXD and BHGE make up approximately 3.3% of the underlying holdings of XLE.

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:

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

Sector % Change
Materials +1.1%
Energy +0.7%
Healthcare -0.0%
Industrial -0.1%
Financial -0.2%
Consumer Products -0.7%
Utilities -0.7%
Technology & Communications -0.7%
Services -1.1%

25 Dividend Giants Widely Held By ETFs 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: XLE , AVY , MOS , XLB , PXD



More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing










Research Brokers before you trade

Want to trade FX?