Looking at the sectors faring best as of midday Tuesday, shares of Technology & Communications companies are outperforming other sectors, higher by 0.1%. Within that group, CrowdStrike Holdings Inc (Symbol: CRWD) and NVIDIA Corp (Symbol: NVDA) are two large stocks leading the way, showing a gain of 7.7% and 6.8%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 2.3% on the day, and up 0.09% year-to-date. CrowdStrike Holdings Inc, meanwhile, is up 17.68% year-to-date, and NVIDIA Corp, is down 5.80% year-to-date. Combined, CRWD and NVDA make up approximately 12.9% of the underlying holdings of XLK.
The next best performing sector is the Services sector, losing just 0.3%. Among large Services stocks, Carnival Corp (Symbol: CCL) and Meta Platforms Inc (Symbol: META) are the most notable, showing a gain of 7.5% and 2.8%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is flat on the day in midday trading, and up 4.24% on a year-to-date basis. Carnival Corp, meanwhile, is up 10.80% year-to-date, and Meta Platforms Inc is up 15.80% year-to-date. CCL makes up approximately 0.5% 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 eight sectors are down.
| Sector | % Change |
|---|---|
| Technology & Communications | +0.1% |
| Services | -0.3% |
| Materials | -0.4% |
| Healthcare | -0.5% |
| Financial | -0.5% |
| Industrial | -0.5% |
| Energy | -1.1% |
| Consumer Products | -1.3% |
| Utilities | -1.6% |
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Also see:
BSAQ Options Chain
Institutional Holders of PREF
SMBC Dividend Growth Rate
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
