Monday Sector Leaders: Technology & Communications, Utilities

The best performing sector as of midday Monday is the Technology & Communications sector, higher by 0.1%. Within that group, Etsy Inc (Symbol: ETSY) and Adobe Inc (Symbol: ADBE) are two of the day's stand-outs, showing a gain of 3.7% and 2.7%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 0.5% on the day, and up 10.05% year-to-date. Etsy Inc, meanwhile, is down 3.34% year-to-date, and Adobe Inc is up 11.10% year-to-date. ADBE makes up approximately 2.8% of the underlying holdings of XLK.

The next best performing sector is the Utilities sector, losing just 0.3%. Among large Utilities stocks, Edison International (Symbol: EIX) and Dominion Energy Inc (Symbol: D) are the most notable, showing a gain of 1.2% and 0.7%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.2% in midday trading, and up 5.94% on a year-to-date basis. Edison International, meanwhile, is down 5.57% year-to-date, and Dominion Energy Inc is up 5.24% year-to-date. Combined, EIX and D make up approximately 9.4% of the underlying holdings of XLU.

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 Monday. As you can see, one sector is up on the day, while eight sectors are down.

Sector % Change
Technology & Communications +0.1%
Utilities -0.3%
Healthcare -0.3%
Services -0.9%
Financial -0.9%
Industrial -0.9%
Consumer Products -1.3%
Energy -1.3%
Materials -1.9%

10 ETFs With Stocks That Insiders Are Buying »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Other Topics


Latest Markets Videos

    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.

    Learn More