The worst performing sector as of midday Thursday is the Services sector, showing a 0.5% loss. Within the sector, L Brands, Inc (Symbol: LB) and The Gap, Inc. (Symbol: GPS) are two of the day's laggards, showing a loss of 11.1% and 4.1%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is down 0.4% on the day, and down 0.13% year-to-date. L Brands, Inc, meanwhile, is down 22.92% year-to-date, and The Gap, Inc., is down 9.84% year-to-date. Combined, LB and GPS make up approximately 0.8% of the underlying holdings of IYC.
The next worst performing sector is the Consumer Products sector, showing a 0.2% loss. Among large Consumer Products stocks, PVH Corp (Symbol: PVH) and Kellogg Co (Symbol: K) are the most notable, showing a loss of 3.6% and 2.5%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is down 0.2% in midday trading, and up 3.70% on a year-to-date basis. PVH Corp, meanwhile, is up 25.06% year-to-date, and Kellogg Co is up 4.59% year-to-date. Combined, PVH and K make up approximately 1.2% of the underlying holdings of IYK.
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, two sectors are up on the day, while six sectors are down.
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