JPM

Tuesday Sector Laggards: Financial, Healthcare

The worst performing sector as of midday Tuesday is the Financial sector, showing a 0.7% loss. Within that group, JPMorgan Chase & Co (Symbol: JPM) and Progressive Corp. (Symbol: PGR) are two large stocks that are lagging, showing a loss of 3.8% and 3.6%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 1.7% on the day, and down 0.73% year-to-date. JPMorgan Chase & Co, meanwhile, is down 2.70% year-to-date, and Progressive Corp., is down 2.40% year-to-date. Combined, JPM and PGR make up approximately 12.6% of the underlying holdings of XLF.

The next worst performing sector is the Healthcare sector, showing a 0.5% loss. Among large Healthcare stocks, Solventum Corp (Symbol: SOLV) and DaVita Inc (Symbol: DVA) are the most notable, showing a loss of 5.2% and 4.2%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.6% in midday trading, and up 1.06% on a year-to-date basis. Solventum Corp, meanwhile, is up 2.51% year-to-date, and DaVita Inc, is down 7.21% year-to-date. Combined, SOLV and DVA make up approximately 0.3% of the underlying holdings of XLV.

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:

Portfolio Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, four sectors are up on the day, while four sectors are down.

Sector% Change
Energy+2.0%
Consumer Products+0.8%
Materials+0.8%
Utilities+0.6%
Services-0.0%
Industrial-0.1%
Technology & Communications-0.4%
Healthcare-0.5%
Financial-0.7%

25 Dividend Giants Widely Held By ETFs »

Also see:

• RFE Videos
• JBTM Historical Stock Prices
• ITW Stock Split History

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

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.