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COG

Monday Sector Leaders: Energy, Services

Shutterstock photo
Shutterstock photo

Shutterstock photo

Looking at the sectors faring best as of midday Monday, shares of Energy companies are outperforming other sectors, higher by 0.6%. Within the sector, Cabot Oil & Gas Corp. (Symbol: COG) and Range Resources Corp (Symbol: RRC) are two of the day's stand-outs, showing a gain of 2.6% and 2.5%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 0.5% on the day, and up 7.38% year-to-date. Cabot Oil & Gas Corp., meanwhile, is down 18.50% year-to-date, and Range Resources Corp, is down 14.02% year-to-date. Combined, COG and RRC make up approximately 1.0% of the underlying holdings of XLE.

The next best performing sector is the Services sector, up 0.4%. Among large Services stocks, The Gap Inc (Symbol: GPS) and News Corp (Symbol: NWS) are the most notable, showing a gain of 4.3% and 4.2%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF ( IYC ), which is up 0.3% in midday trading, and up 4.81% on a year-to-date basis. The Gap Inc, meanwhile, is down 9.24% year-to-date, and News Corp , is down 2.11% year-to-date. Combined, GPS and NWS make up approximately 0.2% 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:

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, three sectors are up on the day, while five sectors are down.

Sector % Change
Energy +0.6%
Services +0.4%
Healthcare +0.1%
Materials 0.0%
Technology & Communications -0.1%
Consumer Products -0.3%
Financial -0.4%
Industrial -0.4%
Utilities -0.8%

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


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

COG GPS RRC XLE IYC