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Wednesday Sector Leaders: Energy, Materials

Shutterstock photo
Shutterstock photo

Shutterstock photo

In afternoon trading on Wednesday, Energy stocks are the best performing sector, up 7.1%. Within that group, Marathon Oil Corp. (Symbol: MRO) and Transocean Ltd (Symbol: RIG) are two large stocks leading the way, showing a gain of 21.0% and 19.6%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 5.5% on the day, and up 26.08% year-to-date. Marathon Oil Corp., meanwhile, is up 45.23% year-to-date, and Transocean Ltd is up 6.41% year-to-date. Combined, MRO and RIG make up approximately 1.5% of the underlying holdings of XLE.

The next best performing sector is the Materials sector, up 0.5%. Among large Materials stocks, LyondellBasell Industries NV (Symbol: LYB) and CF Industries Holdings Inc (Symbol: CF) are the most notable, showing a gain of 7.2% and 6.5%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is up 1.0% in midday trading, and up 16.38% on a year-to-date basis. LyondellBasell Industries NV, meanwhile, is up 6.09% year-to-date, and CF Industries Holdings Inc, is down 25.51% year-to-date. Combined, LYB and CF make up approximately 6.2% of the underlying holdings of XLB.

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, four sectors are up on the day, while five sectors are down.

Sector % Change
Energy +7.1%
Materials +0.5%
Financial +0.3%
Industrial +0.3%
Technology & Communications -0.5%
Services -0.6%
Consumer Products -0.7%
Healthcare -1.0%
Utilities -2.5%

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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.

In This Story

LYB XLB MRO XLE RIG