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Monday Sector Leaders: Services, Healthcare

Looking at the sectors faring best as of midday Monday, shares of Services companies are outperforming other sectors, losing just 1.6%. Within that group, Target Corp (Symbol: TGT) and Kohl's Corp. (Symbol: KSS) are two of the day's stand-outs, showing a gain of 0.7% and 0.7%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is down 2.1% on the day, and down 5.30% year-to-date. Target Corp, meanwhile, is down 1.81% year-to-date, and Kohl's Corp. is up 14.75% year-to-date. Combined, TGT and KSS make up approximately 1.4% of the underlying holdings of IYC.

The next best performing sector is the Healthcare sector, losing just 2.2%. Among large Healthcare stocks, Express Scripts Holding Co (Symbol: ESRX) and McKesson Corp (Symbol: MCK) are the most notable, with ESRX not showing much of a loss and MCK down 0.1%. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 2.4% in midday trading, and down 0.75% on a year-to-date basis. Express Scripts Holding Co, meanwhile, is up 23.70% year-to-date, and McKesson Corp, is down 29.66% year-to-date. Combined, ESRX and MCK make up approximately 2.3% of the underlying holdings of XLV.

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, none of the sectors are up on the day, while nine sectors are down.

Sector % Change
Services -1.6%
Healthcare -2.2%
Technology & Communications -2.3%
Materials -2.5%
Industrial -2.6%
Consumer Products -2.7%
Financial -2.8%
Utilities -4.3%
Energy -4.4%

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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.

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MCK XLV KSS TGT IYC

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