Markets CEG

Tuesday Sector Leaders: Utilities, Services

In afternoon trading on Tuesday, Utilities stocks are the best performing sector, up 1.3%. Within the sector, Constellation Energy Corp (Symbol: CEG) and Public Service Enterprise Group Inc (Symbol: PEG) are two large stocks leading the way, showing a gain of 14.4% and 3.7%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.6% on the day, and down 2.59% year-to-date. Constellation Energy Corp, meanwhile, is up 30.40% year-to-date, and Public Service Enterprise Group Inc is up 1.15% year-to-date. Combined, CEG and PEG make up approximately 8.3% of the underlying holdings of XLU.

The next best performing sector is the Services sector, up 0.7%. Among large Services stocks, Carnival Corp (Symbol: CCL) and AutoZone, Inc. (Symbol: AZO) are the most notable, showing a gain of 6.8% and 5.9%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 0.2% in midday trading, and up 5.57% on a year-to-date basis. Carnival Corp, meanwhile, is down 14.83% year-to-date, and AutoZone, Inc. is up 13.49% year-to-date. Combined, CCL and AZO make up approximately 1.2% 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:

Metals Channel

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

Sector% Change
Utilities+1.3%
Services+0.7%
Materials+0.6%
Financial+0.4%
Consumer Products+0.2%
Healthcare+0.1%
Industrial+0.1%
Energy0.0%
Technology & Communications-0.1%

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Also see:

• Funds Holding CGAU
• KAR Stock Predictions
• CJ Options Chain

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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