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URI

Thursday Sector Leaders: Industrial, Financial

Looking at the sectors faring best as of midday Thursday, shares of Industrial companies are outperforming other sectors, up 0.8%. Within that group, United Rentals Inc (Symbol: URI) and Huntington Ingalls Industries, Inc. (Symbol: HII) are two of the day's stand-outs, showing a gain of 3.4% and 2.7%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is up 0.7% on the day, and up 18.92% year-to-date. United Rentals Inc, meanwhile, is up 22.17% year-to-date, and Huntington Ingalls Industries, Inc. is up 15.00% year-to-date. Combined, URI and HII make up approximately 0.8% of the underlying holdings of XLI.

The next best performing sector is the Financial sector, higher by 0.2%. Among large Financial stocks, Unum Group (Symbol: UNM) and Everest Re Group Ltd (Symbol: RE) are the most notable, showing a gain of 3.2% and 1.9%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 0.6% in midday trading, and up 12.43% on a year-to-date basis. Unum Group, meanwhile, is up 25.19% year-to-date, and Everest Re Group Ltd is up 2.10% year-to-date. Combined, UNM and RE make up approximately 0.5% of the underlying holdings of XLF.

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

Sector % Change
Industrial +0.8%
Financial +0.2%
Consumer Products +0.1%
Utilities +0.1%
Services 0.0%
Technology & Communications -0.0%
Materials -0.2%
Energy -0.4%
Healthcare -1.2%

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

In This Story

URI HII XLI UNM RE

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