DLTR

Friday Sector Laggards: Services, Consumer Products

In afternoon trading on Friday, Services stocks are the worst performing sector, up 0.4%. Within that group, Dollar Tree Inc (Symbol: DLTR) and Carnival Corp (Symbol: CCL) are two large stocks that are lagging, showing a loss of 5.0% and 2.9%, respectively. Among the largest ETFs, one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is up 1.3% on the day, and up 0.61% year-to-date. Dollar Tree Inc, meanwhile, is down 3.00% year-to-date, and Carnival Corp, is down 2.53% year-to-date. Combined, DLTR and CCL make up approximately 0.7% of the underlying holdings of IYC.

The next worst performing sector is the Consumer Products sector, higher by 0.5%. Among large Consumer Products stocks, Molson Coors Beverage Co (Symbol: TAP) and Estee Lauder Cos., Inc. (Symbol: EL) are the most notable, showing a loss of 3.5% and 2.3%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.4% in midday trading, and down 0.03% on a year-to-date basis. Molson Coors Beverage Co, meanwhile, is down 3.70% year-to-date, and Estee Lauder Cos., Inc., is down 3.58% year-to-date. TAP makes up approximately 0.4% of the underlying holdings of IYK.

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:

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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, nine sectors are up on the day, while none of the sectors are down.

Sector% Change
Technology & Communications+1.5%
Healthcare+1.3%
Industrial+1.0%
Utilities+0.9%
Energy+0.9%
Financial+0.8%
Materials+0.7%
Consumer Products+0.5%
Services+0.4%

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Also see:

• PNTR shares outstanding history
• Top Ten Hedge Funds Holding OEF
• TZOO Videos

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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