AMD

Tuesday Sector Leaders: Technology & Communications, Services

The best performing sector as of midday Tuesday is the Technology & Communications sector, up 0.1%. Within that group, Advanced Micro Devices Inc (Symbol: AMD) and Activision Blizzard, Inc. (Symbol: ATVI) are two of the day's stand-outs, showing a gain of 11.5% and 3.0%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 0.3% on the day, and up 19.03% year-to-date. Advanced Micro Devices Inc, meanwhile, is up 59.72% year-to-date, and Activision Blizzard, Inc., is down 5.67% year-to-date. AMD makes up approximately 0.5% of the underlying holdings of XLK.

The next best performing sector is the Services sector, not showing much of a loss. Among large Services stocks, Dish Network Corp (Symbol: DISH) and Chipotle Mexican Grill Inc (Symbol: CMG) are the most notable, showing a gain of 3.8% and 2.4%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 0.4% in midday trading, and up 15.75% on a year-to-date basis. Dish Network Corp, meanwhile, is up 42.29% year-to-date, and Chipotle Mexican Grill Inc is up 57.08% year-to-date. Combined, DISH and CMG make up approximately 0.7% of the underlying holdings of IYC.

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

25 Dividend Giants Widely Held By ETFs »

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.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.