PANW

Monday Sector Leaders: Technology & Communications, Energy

Looking at the sectors faring best as of midday Monday, shares of Technology & Communications companies are outperforming other sectors, up 0.4%. Within that group, Palo Alto Networks, Inc (Symbol: PANW) and Micron Technology Inc. (Symbol: MU) are two large stocks leading the way, showing a gain of 9.1% and 5.3%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 0.4% on the day, and up 7.10% year-to-date. Palo Alto Networks, Inc, meanwhile, is up 4.36% year-to-date, and Micron Technology Inc. is up 6.22% year-to-date. Combined, PANW and MU make up approximately 2.0% of the underlying holdings of XLK.

The next best performing sector is the Energy sector, higher by 0.2%. Among large Energy stocks, Valero Energy Corp (Symbol: VLO) and Marathon Petroleum Corp. (Symbol: MPC) are the most notable, showing a gain of 3.1% and 2.0%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.4% in midday trading, and up 2.90% on a year-to-date basis. Valero Energy Corp, meanwhile, is up 13.06% year-to-date, and Marathon Petroleum Corp. is up 17.09% year-to-date. Combined, VLO and MPC make up approximately 7.5% of the underlying holdings of XLE.

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:

Portfolio 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, three sectors are up on the day, while six sectors are down.

Sector% Change
Technology & Communications+0.4%
Energy+0.2%
Industrial+0.1%
Materials-0.3%
Consumer Products-0.6%
Healthcare-0.6%
Financial-0.8%
Services-1.4%
Utilities-1.9%

25 Dividend Giants Widely Held By ETFs »

Also see:

• ETFs Holding SBCF
• AROC Historical Stock Prices
• BSDM Historical Stock Prices

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

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.