Markets

Thursday Sector Laggards: Industrial, Healthcare

In afternoon trading on Thursday, Industrial stocks are the worst performing sector, showing a 0.7% loss. Within the sector, Norwegian Cruise Line Holdings Ltd (Symbol: NCLH) and American Airlines Group Inc (Symbol: AAL) are two of the day's laggards, showing a loss of 13.2% and 6.8%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is flat on the day on the day, and down 11.34% year-to-date. Norwegian Cruise Line Holdings Ltd, meanwhile, is down 72.50% year-to-date, and American Airlines Group Inc, is down 55.96% year-to-date. AAL makes up approximately 0.3% of the underlying holdings of XLI.

The next worst performing sector is the Healthcare sector, showing a 0.6% loss. Among large Healthcare stocks, Incyte Corporation (Symbol: INCY) and Cooper Companies, Inc. (Symbol: COO) are the most notable, showing a loss of 2.9% and 2.2%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.6% in midday trading, and up 2.90% on a year-to-date basis. Incyte Corporation, meanwhile, is up 15.94% year-to-date, and Cooper Companies, Inc. , is down 9.67% year-to-date. Combined, INCY and COO make up approximately 0.8% 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 Thursday. As you can see, three sectors are up on the day, while five sectors are down.

Sector % Change
Utilities +0.5%
Consumer Products +0.2%
Energy +0.1%
Materials 0.0%
Services -0.1%
Financial -0.3%
Technology & Communications -0.4%
Healthcare -0.6%
Industrial -0.7%

25 Dividend Giants Widely Held By ETFs »

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

NCLH AAL XLI INCY COO

Other Topics

Stocks

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