TPR

Thursday Sector Laggards: Consumer Products, Materials

In afternoon trading on Thursday, Consumer Products stocks are the worst performing sector, showing a 1.3% loss. Within that group, Tapestry Inc (Symbol: TPR) and Estee Lauder Cos., Inc. (Symbol: EL) are two large stocks that are lagging, showing a loss of 14.3% and 7.2%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is down 0.8% on the day, and up 7.57% year-to-date. Tapestry Inc, meanwhile, is up 50.01% year-to-date, and Estee Lauder Cos., Inc. is up 18.81% year-to-date.

The next worst performing sector is the Materials sector, showing a 1.3% loss. Among large Materials stocks, Builders FirstSource Inc. (Symbol: BLDR) and Mohawk Industries, Inc. (Symbol: MHK) are the most notable, showing a loss of 4.9% and 3.4%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is down 1.3% in midday trading, and up 7.69% on a year-to-date basis. Builders FirstSource Inc., meanwhile, is down 3.93% year-to-date, and Mohawk Industries, Inc. is up 7.53% year-to-date.

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:

Market News Video

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

Sector% Change
Healthcare-0.3%
Financial-0.3%
Energy-0.3%
Utilities-0.6%
Services-0.7%
Technology & Communications-0.9%
Industrial-1.1%
Consumer Products-1.3%
Materials-1.3%

25 Dividend Giants Widely Held By ETFs »

Also see:

• ICMB Split History
• Institutional Holders of WCEO
• Institutional Holders of WTS

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.