Markets MLM

Thursday Sector Laggards: Materials, Industrial

The worst performing sector as of midday Thursday is the Materials sector, showing a 0.4% loss. Within that group, Martin Marietta Materials, Inc. (Symbol: MLM) and Vulcan Materials Co (Symbol: VMC) are two large stocks that are lagging, showing a loss of 5.0% and 3.9%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is down 0.7% on the day, and up 7.27% year-to-date. Martin Marietta Materials, Inc., meanwhile, is up 16.85% year-to-date, and Vulcan Materials Co is up 14.76% year-to-date. Combined, MLM and VMC make up approximately 7.0% of the underlying holdings of XLB.

The next worst performing sector is the Industrial sector, showing a 0.2% loss. Among large Industrial stocks, United Rentals Inc (Symbol: URI) and Deere & Co. (Symbol: DE) are the most notable, showing a loss of 3.8% and 3.8%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 0.5% in midday trading, and up 10.31% on a year-to-date basis. United Rentals Inc, meanwhile, is up 20.02% year-to-date, and Deere & Co. is up 0.01% year-to-date. Combined, URI and DE make up approximately 4.0% of the underlying holdings of XLI.

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:

ETF 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, four sectors are up on the day, while three sectors are down.

Sector% Change
Consumer Products+0.5%
Utilities+0.5%
Services+0.2%
Financial+0.1%
Healthcare0.0%
Technology & Communications0.0%
Industrial-0.2%
Energy-0.2%
Materials-0.4%

10 ETFs With Stocks That Insiders Are Buying »

Also see:

• Mergers and Acquisitions
• WERN Stock Predictions
• Institutional Holders of RXRA

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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