CRM

Thursday Sector Laggards: Technology & Communications, Healthcare

The worst performing sector as of midday Thursday is the Technology & Communications sector, showing a 0.5% loss. Within that group, Salesforce Inc (Symbol: CRM) and ServiceNow Inc (Symbol: NOW) are two large stocks that are lagging, showing a loss of 21.5% and 11.4%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 1.7% on the day, and up 9.86% year-to-date. Salesforce Inc, meanwhile, is down 18.82% year-to-date, and ServiceNow Inc, is down 8.28% year-to-date. Combined, CRM and NOW make up approximately 3.6% of the underlying holdings of XLK.

The next worst performing sector is the Healthcare sector, higher by 0.1%. Among large Healthcare stocks, Agilent Technologies, Inc. (Symbol: A) and Waters Corp. (Symbol: WAT) are the most notable, showing a loss of 7.9% and 5.5%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.3% in midday trading, and up 4.47% on a year-to-date basis. Agilent Technologies, Inc., meanwhile, is down 3.29% year-to-date, and Waters Corp., is down 5.97% year-to-date. Combined, A and WAT make up approximately 1.1% 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:

Stock Market Game

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

Sector% Change
Services+1.1%
Utilities+1.0%
Financial+1.0%
Materials+0.9%
Consumer Products+0.5%
Industrial+0.4%
Energy+0.2%
Healthcare+0.1%
Technology & Communications-0.5%

25 Dividend Giants Widely Held By ETFs »

Also see:

• XJAN Videos
• Institutional Holders of FAST
• MNRO Split History

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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