Markets DDOG

Monday Sector Laggards: Technology & Communications, Financial

The worst performing sector as of midday Monday is the Technology & Communications sector, showing a 2.5% loss. Within that group, Datadog Inc (Symbol: DDOG) and CrowdStrike Holdings Inc (Symbol: CRWD) are two of the day's laggards, showing a loss of 11.7% and 11.1%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 1.7% on the day, and down 3.83% year-to-date. Datadog Inc, meanwhile, is down 24.92% year-to-date, and CrowdStrike Holdings Inc, is down 26.34% year-to-date. Combined, DDOG and CRWD make up approximately 1.1% of the underlying holdings of XLK.

The next worst performing sector is the Financial sector, showing a 1.9% loss. Among large Financial stocks, KKR & CO Inc (Symbol: KKR) and Capital One Financial Corp (Symbol: COF) are the most notable, showing a loss of 8.6% and 7.8%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 3.2% in midday trading, and down 7.24% on a year-to-date basis. KKR & CO Inc, meanwhile, is down 27.29% year-to-date, and Capital One Financial Corp, is down 20.37% year-to-date. Combined, KKR and COF make up approximately 2.6% of the underlying holdings of XLF.

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:

RediNews

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, two sectors are up on the day, while seven sectors are down.

Sector% Change
Utilities+0.2%
Healthcare+0.2%
Consumer Products-0.1%
Materials-0.4%
Energy-0.5%
Services-1.8%
Financial-1.9%
Industrial-1.9%
Technology & Communications-2.5%

25 Dividend Giants Widely Held By ETFs »

Also see:

• Emerson Electric shares outstanding history
• Institutional Holders of UFPT
• Funds Holding BIGD

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.
Emerson Electric shares outstanding history Institutional Holders of UFPT Funds Holding BIGD More articles by this source

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