Wednesday Sector Leaders: Healthcare, Technology & Communications

Shutterstock photo

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%

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
Referenced Symbols: XLK , SYK , ESRX , XLV , AMD

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?