Wednesday Sector Leaders: Healthcare, Technology & Communications

Shutterstock photo
Shutterstock photo

Shutterstock photo

In afternoon trading on Wednesday, Healthcare stocks are the best performing sector, higher by 1.0%. Within that group, Endo International plc (Symbol: ENDP) and Mylan NV (Symbol: MYL) are two of the day's stand-outs, showing a gain of 8.0% and 3.9%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 0.8% on the day, and up 6.51% year-to-date. Endo International plc, meanwhile, is down 17.06% year-to-date, and Mylan NV is up 11.01% year-to-date. Combined, ENDP and MYL make up approximately 0.8% of the underlying holdings of XLV.

The next best performing sector is the Technology & Communications sector, up 0.7%. Among large Technology & Communications stocks, FLIR Systems, Inc. (Symbol: FLIR) and Analog Devices Inc (Symbol: ADI) are the most notable, showing a gain of 7.8% and 3.6%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF ( XLK ), which is up 0.2% in midday trading, and up 7.18% on a year-to-date basis. FLIR Systems, Inc., meanwhile, is up 1.69% year-to-date, and Analog Devices Inc is up 11.00% year-to-date. Combined, FLIR and ADI make up approximately 0.6% of the underlying holdings of XLK.

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, six sectors are up on the day, while two sectors are down.

Sector % Change
Healthcare +1.0%
Technology & Communications +0.7%
Services +0.5%
Industrial +0.5%
Consumer Products +0.3%
Financial +0.3%
Materials -0.0%
Utilities -0.4%
Energy -0.5%

10 ETFs With Stocks That Insiders Are Buying »

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


Latest Markets Videos

    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.

    Learn More