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Wednesday Sector Leaders: Consumer Products, Services

The best performing sector as of midday Wednesday is the Consumer Products sector, higher by 0.8%. Within that group, Keurig Green Mountain Inc (Symbol: GMCR) and Hormel Foods Corp. (Symbol: HRL) are two of the day's stand-outs, showing a gain of 8.8% and 3.5%, respectively. Among consumer products ETFs , one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is up 0.4% on the day, and up 6.07% year-to-date. Keurig Green Mountain Inc, meanwhile, is down 59.00% year-to-date, and Hormel Foods Corp. is up 43.61% year-to-date. Combined, GMCR and HRL make up approximately 0.8% of the underlying holdings of IYK.

The next best performing sector is the Services sector, up 0.8%. Among large Services stocks, Bed, Bath & Beyond, Inc. (Symbol: BBBY) and Macy's Inc (Symbol: M) are the most notable, showing a gain of 2.6% and 2.4%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF ( IYC ), which is up 0.6% in midday trading, and up 8.38% on a year-to-date basis. Bed, Bath & Beyond, Inc., meanwhile, is down 27.08% year-to-date, and Macy's Inc, is down 36.70% year-to-date. Combined, BBBY and M make up approximately 0.7% 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 Wednesday. As you can see, five sectors are up on the day, while three sectors are down.

Sector % Change
Consumer Products +0.8%
Services +0.8%
Healthcare +0.5%
Financial +0.1%
Industrial +0.1%
Technology & Communications 0.0%
Materials -0.1%
Energy -0.4%
Utilities -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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