The best performing sector as of midday Tuesday is the Services sector, up 0.2%. Within that group, Macy's Inc (Symbol: M) and Kohl's Corp. (Symbol: KSS) are two large stocks leading the way, showing a gain of 3.8% and 3.3%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is down 0.3% on the day, and up 6.71% year-to-date. Macy's Inc, meanwhile, is up 18.50% year-to-date, and Kohl's Corp. is up 18.91% year-to-date. Combined, M and KSS make up approximately 0.6% of the underlying holdings of IYC.
The next best performing sector is the Consumer Products sector, not showing much of a loss. Among large Consumer Products stocks, Tapestry Inc (Symbol: TPR) and BorgWarner Inc (Symbol: BWA) are the most notable, showing a gain of 1.4% and 1.4%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is flat on the day in midday trading, and down 2.17% on a year-to-date basis. Tapestry Inc, meanwhile, is up 20.98% year-to-date, and BorgWarner Inc is up 1.06% year-to-date. Combined, TPR and BWA make up approximately 1.1% of the underlying holdings of IYK.
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 five sectors are down.
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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.