Markets BEN

Monday Sector Laggards: Financial, Services

In afternoon trading on Monday, Financial stocks are the worst performing sector, showing a 2.0% loss. Within the sector, Franklin Resources Inc (Symbol: BEN) and Arthur J. Gallagher & Co. (Symbol: AJG) are two large stocks that are lagging, showing a loss of 4.7% and 4.5%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 2.0% on the day, and down 9.51% year-to-date. Franklin Resources Inc, meanwhile, is up 4.71% year-to-date, and Arthur J. Gallagher & Co., is down 15.51% year-to-date. Combined, BEN and AJG make up approximately 0.9% of the underlying holdings of XLF.

The next worst performing sector is the Services sector, showing a 1.6% loss. Among large Services stocks, Expedia Group Inc (Symbol: EXPE) and Charter Communications Inc (Symbol: CHTR) are the most notable, showing a loss of 4.8% and 4.2%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is down 1.6% in midday trading, and down 3.60% on a year-to-date basis. Expedia Group Inc, meanwhile, is down 15.93% year-to-date, and Charter Communications Inc is up 6.53% year-to-date. EXPE makes up approximately 0.4% of the underlying holdings of IYC.

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:

Stock Market Game

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, none of the sectors are up on the day, while nine sectors are down.

Sector% Change
Energy-0.1%
Technology & Communications-0.5%
Utilities-0.7%
Healthcare-0.7%
Materials-0.8%
Consumer Products-1.3%
Industrial-1.3%
Services-1.6%
Financial-2.0%

25 Dividend Giants Widely Held By ETFs »

Also see:

• CVS YTD Return
• BARK Insider Buying
• EXPO shares outstanding history

BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
CVS YTD Return BARK Insider Buying EXPO shares outstanding history More articles by this source

Latest Articles

Data is currently not available