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XLI

Thursday Sector Leaders: Technology & Communications, Industrial

Shutterstock photo
Shutterstock photo

Shutterstock photo

The best performing sector as of midday Thursday is the Technology & Communications sector, up 0.5%. Within that group, Qorvo Inc (Symbol: QRVO) and eBay Inc. (Symbol: EBAY) are two large stocks leading the way, showing a gain of 16.5% and 15.0%, respectively. Among technology ETFs , one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 0.2% on the day, and up 7.28% year-to-date. Qorvo Inc, meanwhile, is up 25.56% year-to-date, and eBay Inc. is up 23.61% year-to-date. Combined, QRVO and EBAY make up approximately 0.9% of the underlying holdings of XLK.

The next best performing sector is the Industrial sector, higher by 0.1%. Among large Industrial stocks, Eaton Corp plc (Symbol: ETN) and Nielsen Holdings PLC (Symbol: NLSN) are the most notable, showing a gain of 4.5% and 4.3%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF ( XLI ), which is down 0.1% in midday trading, and up 5.31% on a year-to-date basis. Eaton Corp plc, meanwhile, is up 11.11% year-to-date, and Nielsen Holdings PLC is up 7.24% year-to-date. Combined, ETN and NLSN make up approximately 2.2% 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:

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

Sector % Change
Technology & Communications +0.5%
Industrial +0.1%
Energy +0.1%
Financial -0.0%
Services -0.2%
Healthcare -0.2%
Consumer Products -0.3%
Materials -0.7%
Utilities -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.


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

XLI XLK QRVO EBAY ETN