Wednesday Sector Leaders: Energy, Services

The best performing sector as of midday Wednesday is the Energy sector, higher by 0.9%. Within that group, Pioneer Natural Resources Co (Symbol: PXD) and Williams Cos Inc (Symbol: WMB) are two large stocks leading the way, showing a gain of 2.3% and 2.0%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 1.1% on the day, and down 3.70% year-to-date. Pioneer Natural Resources Co, meanwhile, is down 3.19% year-to-date, and Williams Cos Inc is up 2.27% year-to-date. Combined, PXD and WMB make up approximately 6.8% of the underlying holdings of XLE.

The next best performing sector is the Services sector, not showing much of a loss. Among large Services stocks, Carnival Corp (Symbol: CCL) and Netflix Inc (Symbol: NFLX) are the most notable, showing a gain of 7.7% and 4.0%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 0.3% in midday trading, and up 24.07% on a year-to-date basis. Carnival Corp, meanwhile, is up 114.62% year-to-date, and Netflix Inc is up 47.05% year-to-date. Combined, CCL and NFLX make up approximately 3.9% 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:

{{ InlineImage1 }}

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

Sector % Change
Energy +0.9%
Services -0.0%
Industrial 0.0%
Healthcare -0.2%
Technology & Communications -0.3%
Financial -0.6%
Consumer Products -0.7%
Materials -0.9%
Utilities -1.7%

10 ETFs With Stocks That Insiders Are Buying »

Also see:
• XRAY Videos
• Funds Holding SIPE
• REBN Historical Stock Prices

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.
XRAY Videos Funds Holding SIPE REBN Historical Stock Prices More articles by this source
Stocks Mentioned

Latest Articles

Data is currently not available