Energy and Services Struggle in Friday Market Performance

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As of midday Friday, the Energy sector is the worst performing, with a 1.6% decline. Notably, Targa Resources Corp (TRGP) and ONEOK Inc (OKE) are experiencing losses of 3.6% and 3.3%, respectively. The Energy Select Sector SPDR ETF (XLE) is down 1.5% on the day but up 4.82% year-to-date.

The Services sector follows closely, down 0.4%. Dollar General Corp (DG) and Lennar Corp (LEN) reported losses of 5.2% and 3.9%. The iShares U.S. Consumer Services ETF (IYC) is slightly up by 0.1% this trading session and has gained 10.28% year-to-date.

Targa Resources is down 6.57% year-to-date, and ONEOK Inc has fallen 26.09% over the same period, while Dollar General is up 35.97% year-to-date and Lennar is down 2.11% year-to-date.

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