Markets BALL

Tuesday Sector Leaders: Materials, Utilities

Looking at the sectors faring best as of midday Tuesday, shares of Materials companies are outperforming other sectors, up 2.4%. Within that group, Ball Corp (Symbol: BALL) and LyondellBasell Industries NV (Symbol: LYB) are two of the day's stand-outs, showing a gain of 9.3% and 5.7%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is up 1.5% on the day, and up 11.12% year-to-date. Ball Corp, meanwhile, is up 17.03% year-to-date, and LyondellBasell Industries NV is up 22.63% year-to-date. Combined, BALL and LYB make up approximately 3.6% of the underlying holdings of XLB.

The next best performing sector is the Utilities sector, up 1.6%. Among large Utilities stocks, AES Corp (Symbol: AES) and DTE Energy Co (Symbol: DTE) are the most notable, showing a gain of 6.8% and 2.4%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 1.4% in midday trading, and up 1.18% on a year-to-date basis. AES Corp, meanwhile, is up 10.96% year-to-date, and DTE Energy Co is up 5.56% year-to-date. Combined, AES and DTE make up approximately 2.9% 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:

RediNews

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 five sectors are down.

Sector% Change
Materials+2.4%
Utilities+1.6%
Energy+1.6%
Consumer Products+0.4%
Healthcare-0.8%
Financial-1.0%
Services-1.1%
Industrial-1.8%
Technology & Communications-3.7%

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Also see:

• Top Ten Hedge Funds Holding BITY
• PERY Historical Stock Prices
• Top Ten Hedge Funds Holding SCTY

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.
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