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Thursday Sector Laggards: Materials, Technology & Communications

The worst performing sector as of midday Thursday is the Materials sector, showing a 0.8% loss. Within that group, International Paper Co (Symbol: IP) and Mosaic Co (Symbol: MOS) are two large stocks that are lagging, showing a loss of 12.2% and 3.4%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is down 0.6% on the day, and up 4.67% year-to-date. International Paper Co, meanwhile, is down 25.29% year-to-date, and Mosaic Co is up 15.30% year-to-date. Combined, IP and MOS make up approximately 4.2% of the underlying holdings of XLB.

The next worst performing sector is the Technology & Communications sector, not showing much of a gain. Among large Technology & Communications stocks, Fiserv Inc (Symbol: FI) and Oracle Corp (Symbol: ORCL) are the most notable, showing a loss of 6.6% and 4.8%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 0.5% in midday trading, and up 30.64% on a year-to-date basis. Fiserv Inc, meanwhile, is down 67.90% year-to-date, and Oracle Corp is up 58.49% year-to-date. ORCL makes up approximately 3.2% of the underlying holdings of XLK.

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:

Metals Channel

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

Sector% Change
Energy+1.0%
Financial+0.6%
Services+0.5%
Industrial+0.5%
Consumer Products+0.4%
Healthcare+0.4%
Utilities+0.1%
Technology & Communications0.0%
Materials-0.8%

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Also see:

• Cheap Stocks Channel
• RL Dividend History
• GDXJ market cap history

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.
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