The Technology & Communications sector has shown a 0.3% loss, marking it as the worst performing sector midday Friday. Two significant stocks in this sector, Adobe Inc (Symbol: ADBE) and Western Digital Corp (Symbol: WDC), are lagging with losses of 5.3% and 3.1%, respectively. Alongside this, an ETF tracking the sector, Technology Select Sector SPDR ETF (Symbol: XLK), is down 0.1% for the day and has gained 6.06% year-to-date. Comparatively, Adobe Inc has dropped 6.31% year-to-date, and Western Digital Corp has risen by 3.65% year-to-date. Together, ADBE and WDC account for about 2.9% of the underlying holdings of XLK.
The next sector experiencing a setback is the Financial sector, marking a 0.2% loss. The major stocks in this sector, Digital Realty Trust Inc (Symbol: DLR) and Comerica, Inc. (Symbol: CMA), are notably down by 7.5% and 2.6%, respectively. The Financial Select Sector SPDR ETF (XLF), closely mirroring Financial stocks, is at a standstill in middaytrading and has garnered a 5.80% year-to-date increase. In contrast, Digital Realty Trust Inc has seen a 2.16% rise year-to-date, while Comerica, Inc. is down by 10.34% year-to-date. CMA represents roughly 0.1% of the underlying holdings of XLF.
Surveying these stocks and ETFs over the past twelve months, a relative stock price performance chart illustrates each symbol in a distinct color, as labeled in the legend at the bottom.
Furthermore, the S&P 500 components within various sectors demonstrate their performance in afternoontrading on Friday. Presently, five sectors show gains, while three sectors are witnessing a decline.
Sector | % Change |
---|---|
Materials | +0.8% |
Healthcare | +0.7% |
Energy | +0.7% |
Utilities | +0.2% |
Industrial | +0.1% |
Consumer Products | -0.0% |
Services | -0.1% |
Financial | -0.2% |
Technology & Communications | -0.3% |
Also see:
Top Stocks Held By Seth Klarman
Institutional Holders of NQP
RJI shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.