In afternoon trading on Wednesday, Services stocks are the best performing sector, higher by 0.1%. Within that group, Discovery Communications Incorporated - Series C (Symbol: DISCK) and Discovery Communications Inc (Symbol: DISCA) are two large stocks leading the way, showing a gain of 6.2% and 6.0%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is up 0.1% on the day, and up 2.92% year-to-date. Discovery Communications Incorporated - Series C, meanwhile, is up 2.83% year-to-date, and Discovery Communications Inc is up 2.55% year-to-date. Combined, DISCK and DISCA make up approximately 0.2% of the underlying holdings of IYC.
The next best performing sector is the Energy sector, up 0.1%. Among large Energy stocks, TechnipFMC plc (Symbol: FTI) and EOG Resources, Inc. (Symbol: EOG) are the most notable, showing a gain of 2.0% and 1.6%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is up 0.1% in midday trading, and up 4.24% on a year-to-date basis. TechnipFMC plc, meanwhile, is up 5.48% year-to-date, and EOG Resources, Inc. is up 5.16% year-to-date. Combined, FTI and EOG make up approximately 5.8% of the underlying holdings of XLE.
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, two sectors are up on the day, while five sectors are down.
Technology & Communications