Markets
XLB

Thursday Sector Laggards: Energy, Materials

In afternoon trading on Thursday, Energy stocks are the worst performing sector, showing a 2.6% loss. Within that group, Marathon Oil Corp. (Symbol: MRO) and Williams Cos Inc (Symbol: WMB) are two of the day's laggards, showing a loss of 7.5% and 6.3%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 1.7% on the day, and down 21.26% year-to-date. Marathon Oil Corp., meanwhile, is down 52.56% year-to-date, and Williams Cos Inc , is down 40.74% year-to-date. Combined, MRO and WMB make up approximately 2.9% of the underlying holdings of XLE.

The next worst performing sector is the Materials sector, showing a 1.5% loss. Among large Materials stocks, Freeport-McMoran Copper & Gold (Symbol: FCX) and Newmont Mining Corp. (Symbol: NEM) are the most notable, showing a loss of 6.8% and 6.7%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is down 1.2% in midday trading, and down 9.10% on a year-to-date basis. Freeport-McMoran Copper & Gold, meanwhile, is down 70.85% year-to-date, and Newmont Mining Corp. , is down 5.29% year-to-date. Combined, FCX and NEM make up approximately 3.4% of the underlying holdings of XLB.

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, one sector is up on the day, while eight sectors are down.

Sector % Change
Utilities +0.4%
Healthcare -0.5%
Technology & Communications -0.9%
Financial -1.0%
Consumer Products -1.2%
Industrial -1.2%
Services -1.4%
Materials -1.5%
Energy -2.6%

10 ETFs With Stocks That Insiders Are Buying »

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

XLB MRO XLE WMB FCX

Other Topics

Investing

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