Friday Sector Laggards: Energy, Technology & Communications

The worst performing sector as of midday Friday is the Energy sector, showing a 0.9% loss. Within that group, Marathon Oil Corp. (Symbol: MRO) and EOG Resources, Inc. (Symbol: EOG) are two large stocks that are lagging, showing a loss of 2.7% and 2.6%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.6% on the day, and up 29.31% year-to-date. Marathon Oil Corp., meanwhile, is up 58.55% year-to-date, and EOG Resources, Inc. is up 43.84% year-to-date. Combined, MRO and EOG make up approximately 6.1% of the underlying holdings of XLE.

The next worst performing sector is the Technology & Communications sector, not showing much of a gain. Among large Technology & Communications stocks, Twitter Inc (Symbol: TWTR) and Take-Two Interactive Software, Inc. (Symbol: TTWO) are the most notable, showing a loss of 2.6% and 2.2%, 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 10.41% on a year-to-date basis. Twitter Inc, meanwhile, is up 29.01% year-to-date, and Take-Two Interactive Software, Inc., is down 14.10% year-to-date.

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:

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, seven sectors are up on the day, while one sector is down.

Sector % Change
Materials +1.1%
Utilities +0.9%
Consumer Products +0.7%
Services +0.6%
Healthcare +0.6%
Financial +0.3%
Industrial +0.2%
Technology & Communications 0.0%
Energy -0.9%

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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.

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