Tuesday Sector Leaders: Materials, Energy

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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%

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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: XLE , AVY , MOS , XLB , PXD

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