“`html
As of midday Tuesday, shares of Energy companies are underperforming, with a sector increase of only 0.3%. Notable laggards include EQT Corp (EQT), down 2.2%, and Diamondback Energy, Inc. (FANG), down 0.7%. The Energy Select Sector SPDR ETF (XLE) rose 0.4% on the day and 11.75% year-to-date. EQT Corp has decreased 6.05% year-to-date, while Diamondback Energy has risen 38.34% during the same period. Notably, EQT and FANG collectively comprise approximately 3.9% of XLE’s underlying holdings.
Meanwhile, the Technology & Communications sector is up 0.8%, with Broadcom Inc (AVGO) and Super Micro Computer Inc (SMCI) showing losses of 2.6% and 2.4%, respectively. The Technology Select Sector SPDR ETF (XLK) is down 0.8% for the day but up 21.12% year-to-date. Broadcom has increased 50.58% year-to-date, while Super Micro has surged 208.37%. AVGO and SMCI together represent approximately 0.9% of XLK’s holdings.
Overall, nine sectors are up today, with the Industrial and Materials sectors leading at +2.2% each.
“`
