Markets LRCX

Monday Sector Laggards: Industrial, Technology & Communications

The worst performing sector as of midday Monday is the Industrial sector, showing a 0.5% loss. Within that group, Lam Research Corp (Symbol: LRCX) and Boeing Co. (Symbol: BA) are two of the day's laggards, showing a loss of 3.4% and 3.2%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is down 0.7% on the day, and up 6.49% year-to-date. Lam Research Corp, meanwhile, is up 17.98% year-to-date, and Boeing Co., is down 26.30% year-to-date. BA makes up approximately 2.9% of the underlying holdings of XLI.

The next worst performing sector is the Technology & Communications sector, showing a 0.1% loss. Among large Technology & Communications stocks, Advanced Micro Devices Inc (Symbol: AMD) and Micron Technology Inc. (Symbol: MU) are the most notable, showing a loss of 4.3% and 3.8%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 0.3% in midday trading, and up 7.36% on a year-to-date basis. Advanced Micro Devices Inc, meanwhile, is up 34.66% year-to-date, and Micron Technology Inc. is up 10.15% year-to-date. Combined, AMD and MU make up approximately 4.3% 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:

Preferred Stock Channel

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

Sector% Change
Consumer Products+0.8%
Services+0.5%
Materials+0.5%
Utilities+0.4%
Financial+0.2%
Energy+0.1%
Healthcare-0.0%
Technology & Communications-0.1%
Industrial-0.5%

25 Dividend Giants Widely Held By ETFs »

Also see:

• MDAI shares outstanding history
• ETFs Holding PCH
• Corteva RSI

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.
MDAI shares outstanding history ETFs Holding PCH Corteva RSI More articles by this source

Latest Articles

Data is currently not available