Wednesday Sector Laggards: Healthcare, Financial

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The worst performing sector as of midday Wednesday is the Healthcare sector, higher by 0.2%. Within that group, Agilent Technologies, Inc. (Symbol: A) and Waters Corp. (Symbol: WAT) are two large stocks that are lagging, showing a loss of 10.8% and 1.9%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 0.5% on the day, and up 2.29% year-to-date. Agilent Technologies, Inc., meanwhile, is up 0.81% year-to-date, and Waters Corp. is up 9.76% year-to-date. Combined, A and WAT make up approximately 1.1% of the underlying holdings of XLV.

The next worst performing sector is the Financial sector, higher by 0.2%. Among large Financial stocks, SVB Financial Group (Symbol: SIVB) and Comerica, Inc. (Symbol: CMA) are the most notable, showing a loss of 2.6% and 2.3%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF ( XLF ), which is down 0.1% in midday trading, and up 13.37% on a year-to-date basis. SVB Financial Group, meanwhile, is up 21.20% year-to-date, and Comerica, Inc. is up 7.08% year-to-date. Combined, SIVB and CMA make up approximately 0.8% of the underlying holdings of XLF.

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 Wednesday. As you can see, nine sectors are up on the day, while none of the sectors are down.

Sector % Change
Technology & Communications +1.3%
Consumer Products +0.8%
Industrial +0.4%
Materials +0.4%
Services +0.3%
Utilities +0.3%
Energy +0.3%
Healthcare +0.2%
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 , Stocks
Referenced Symbols: XLF , A , WAT , XLV , SIVB

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