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Wednesday Sector Leaders: Healthcare, Technology & Communications


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In afternoon trading on Wednesday, Healthcare stocks are the best performing sector, higher by 0.1%. Within that group, Stryker Corp (Symbol: SYK) and Express Scripts Holding Co (Symbol: ESRX) are two of the day's stand-outs, showing a gain of 3.1% and 3.1%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 0.1% on the day, and up 3.45% year-to-date. Stryker Corp, meanwhile, is up 8.56% year-to-date, and Express Scripts Holding Co is up 9.35% year-to-date. Combined, SYK and ESRX make up approximately 3.1% of the underlying holdings of XLV.

The next best performing sector is the Technology & Communications sector, not showing much of a loss. Among large Technology & Communications stocks, Advanced Micro Devices, Inc. (Symbol: AMD) and Electronic Arts, Inc. (Symbol: EA) are the most notable, showing a gain of 3.5% and 3.0%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF ( XLK ), which is down 0.1% in midday trading, and up 13.01% on a year-to-date basis. Advanced Micro Devices, Inc., meanwhile, is up 59.58% year-to-date, and Electronic Arts, Inc. is up 37.06% year-to-date. Combined, AMD and EA make up approximately 0.9% of the underlying holdings of XLK.

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:

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

Sector % Change
Healthcare +0.1%
Technology & Communications 0.0%
Energy -0.1%
Utilities -0.2%
Financial -0.2%
Industrial -0.3%
Services -0.4%
Consumer Products -0.5%
Materials -0.8%

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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: XLK , SYK , ESRX , XLV , AMD



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