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Tuesday Sector Laggards: Services, Utilities

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Shutterstock photo

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The worst performing sector as of midday Tuesday is the Services sector, up 0.2%. Within the sector, Twenty-First Century Fox Inc (Symbol: FOXA) and Scripps Networks Interactive Inc (Symbol: SNI) are two large stocks that are lagging, showing a loss of 2.1% and 1.8%, 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 10.88% year-to-date. Twenty-First Century Fox Inc, meanwhile, is up 0.96% year-to-date, and Scripps Networks Interactive Inc, is down 5.04% year-to-date. Combined, FOXA and SNI make up approximately 1.1% of the underlying holdings of IYC.

The next worst performing sector is the Utilities sector, up 0.3%. Among large Utilities stocks, Public Service Enterprise Group Inc (Symbol: PEG) and Consolidated Edison Inc (Symbol: ED) are the most notable, showing a loss of 0.6% and 0.4%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is up 0.3% in midday trading, and up 11.40% on a year-to-date basis. Public Service Enterprise Group Inc, meanwhile, is up 2.28% year-to-date, and Consolidated Edison Inc is up 14.48% year-to-date. Combined, PEG and ED make up approximately 7.1% 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 Tuesday. As you can see, nine sectors are up on the day, while none of the sectors are down.

Sector % Change
Energy +1.2%
Materials +1.1%
Industrial +0.6%
Technology & Communications +0.5%
Consumer Products +0.4%
Healthcare +0.4%
Utilities +0.3%
Financial +0.3%
Services +0.2%

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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.

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XLU IYC PEG

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