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Thursday Sector Leaders: Services, Utilities

In afternoon trading on Thursday, Services stocks are the best performing sector, up 0.7%. Within the sector, Viacom Inc (Symbol: VIAB) and Michael Kors Holdings Ltd (Symbol: KORS) are two large stocks leading the way, showing a gain of 5.6% and 3.8%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is up 0.5% on the day, and up 13.75% year-to-date. Viacom Inc, meanwhile, is down 0.57% year-to-date, and Michael Kors Holdings Ltd is up 15.49% year-to-date. VIAB makes up approximately 0.3% of the underlying holdings of IYC.

The next best performing sector is the Utilities sector, up 0.4%. Among large Utilities stocks, Exelon Corp (Symbol: EXC) and Public Service Enterprise Group Inc (Symbol: PEG) are the most notable, showing a gain of 1.3% and 1.2%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is up 0.4% in midday trading, and up 2.52% on a year-to-date basis. Exelon Corp, meanwhile, is up 11.89% year-to-date, and Public Service Enterprise Group Inc is up 2.52% year-to-date. Combined, EXC and PEG make up approximately 9.9% of the underlying holdings of XLU.

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

Sector % Change
Services +0.7%
Utilities +0.4%
Materials +0.4%
Technology & Communications +0.3%
Consumer Products +0.1%
Healthcare -0.1%
Industrial -0.1%
Financial -0.2%
Energy -1.0%

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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.


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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