Tuesday Sector Leaders: Utilities, Consumer Products

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Looking at the sectors faring best as of midday Tuesday, shares of Utilities companies are outperforming other sectors, higher by 1.1%. Within that group, NextEra Energy Inc (Symbol: NEE) and SCANA Corp (Symbol: SCG) are two large stocks leading the way, showing a gain of 2.3% and 1.9%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.2% on the day, and up 17.14% year-to-date. NextEra Energy Inc, meanwhile, is up 32.55% year-to-date, and SCANA Corp, is down 36.43% year-to-date. Combined, NEE and SCG make up approximately 9.5% of the underlying holdings of XLU.

The next best performing sector is the Consumer Products sector, higher by 0.1%. Among large Consumer Products stocks, Royal Caribbean Cruises Ltd (Symbol: RCL) and Mondelez International Inc (Symbol: MDLZ) are the most notable, showing a gain of 3.0% and 2.0%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is up 0.3% in midday trading, and up 8.90% on a year-to-date basis. Royal Caribbean Cruises Ltd, meanwhile, is up 59.24% year-to-date, and Mondelez International Inc, is down 5.67% year-to-date. MDLZ makes up approximately 3.1% 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, two sectors are up on the day, while seven sectors are down.

Sector % Change
Utilities +1.1%
Consumer Products +0.1%
Healthcare -0.2%
Industrial -0.3%
Energy -0.3%
Services -0.4%
Financial -0.4%
Materials -0.4%
Technology & Communications -0.8%

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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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