Wednesday Sector Leaders: Healthcare, Financial

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In afternoon trading on Wednesday, Healthcare stocks are the best performing sector, up 1.1%. Within that group, Nektar Therapeutics (Symbol: NKTR) and Waters Corp. (Symbol: WAT) are two large stocks leading the way, showing a gain of 14.0% and 2.7%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 0.9% on the day, and up 2.29% year-to-date. Nektar Therapeutics, meanwhile, is up 6.80% year-to-date, and Waters Corp. is up 4.28% year-to-date. Combined, NKTR and WAT make up approximately 0.8% of the underlying holdings of XLV.

The next best performing sector is the Financial sector, higher by 0.9%. Among large Financial stocks, Blackrock Inc (Symbol: BLK) and Regions Financial Corp (Symbol: RF) are the most notable, showing a gain of 3.5% and 3.3%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF ( XLF ), which is up 1.7% in midday trading, and up 0.39% on a year-to-date basis. Blackrock Inc, meanwhile, is up 7.65% year-to-date, and Regions Financial Corp is up 11.92% year-to-date. Combined, BLK and RF make up approximately 2.6% 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:

Chart Zero

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, eight sectors are up on the day, while one sector is down.

Sector % Change
Healthcare +1.1%
Financial +0.9%
Materials +0.7%
Services +0.6%
Industrial +0.6%
Consumer Products +0.3%
Technology & Communications +0.2%
Energy +0.2%
Utilities -1.9%

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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
Referenced Symbols: XLF , NKTR , WAT , XLV , BLK

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