Markets NEE

Thursday Sector Laggards: Utilities, Financial

In afternoon trading on Thursday, Utilities stocks are the worst performing sector, showing a 1.0% loss. Within that group, NextEra Energy Inc (Symbol: NEE) and AES Corp (Symbol: AES) are two large stocks that are lagging, showing a loss of 7.4% and 4.1%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.3% on the day, and up 6.73% year-to-date. NextEra Energy Inc, meanwhile, is down 6.78% year-to-date, and AES Corp, is down 21.78% year-to-date. Combined, NEE and AES make up approximately 11.6% of the underlying holdings of XLU.

The next worst performing sector is the Financial sector, showing a 0.3% loss. Among large Financial stocks, Texas Pacific Land Corp (Symbol: TPL) and Humana Inc. (Symbol: HUM) are the most notable, showing a loss of 6.0% and 5.3%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 0.2% in midday trading, and up 4.60% on a year-to-date basis. Texas Pacific Land Corp, meanwhile, is up 15.43% year-to-date, and Humana Inc., is down 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:

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

Sector% Change
Industrial+0.3%
Consumer Products0.0%
Energy-0.0%
Services-0.1%
Technology & Communications-0.1%
Healthcare-0.2%
Materials-0.2%
Financial-0.3%
Utilities-1.0%

10 ETFs With Stocks That Insiders Are Buying »

Also see:

• DLTR Videos
• SKX Price Target
• Institutional Holders of SPNS

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.
DLTR Videos SKX Price Target Institutional Holders of SPNS More articles by this source

Latest Articles

Data is currently not available