Markets ALB

Thursday Sector Leaders: Materials, Technology & Communications

The best performing sector as of midday Thursday is the Materials sector, up 1.2%. Within that group, Albemarle Corp. (Symbol: ALB) and Newmont Corp (Symbol: NEM) are two large stocks leading the way, showing a gain of 5.0% and 4.8%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is up 0.7% on the day, and up 2.31% year-to-date. Albemarle Corp., meanwhile, is down 4.00% year-to-date, and Newmont Corp, is down 24.37% year-to-date. Combined, ALB and NEM make up approximately 5.1% of the underlying holdings of XLB.

The next best performing sector is the Technology & Communications sector, higher by 1.1%. Among large Technology & Communications stocks, Enphase Energy Inc. (Symbol: ENPH) and Advanced Micro Devices Inc (Symbol: AMD) are the most notable, showing a gain of 7.8% and 7.7%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 0.8% in midday trading, and up 7.20% on a year-to-date basis. Enphase Energy Inc., meanwhile, is down 2.85% year-to-date, and Advanced Micro Devices Inc is up 28.93% year-to-date. Combined, ENPH and AMD make up approximately 3.2% of the underlying holdings of XLK.

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:

RediNews

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

Sector% Change
Materials+1.2%
Technology & Communications+1.1%
Energy+0.7%
Consumer Products+0.6%
Services+0.6%
Financial+0.5%
Utilities+0.4%
Industrial+0.4%
Healthcare-0.4%

25 Dividend Giants Widely Held By ETFs »

Also see:

• Edison Intl Historical PE Ratio
• TLYS Options Chain
• COTV Historical Stock Prices

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.
Edison Intl Historical PE Ratio TLYS Options Chain COTV Historical Stock Prices More articles by this source

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