Energy Sector Leads Markets in Afternoon Trading on Wednesday
In afternoon trading on Wednesday, Energy stocks led the markets, rising by 0.9%. Within this sector, APA Corp (Symbol: APA) and Diamondback Energy, Inc. (Symbol: FANG) emerged as notable performers, posting gains of 3.4% and 2.6%, respectively. The Energy Select Sector SPDR ETF (Symbol: XLE), which tracks energy stocks, also increased by 0.9% today. However, it has seen a 6.01% decline year-to-date. APA Corp has experienced a significant drop, down 32.22% year-to-date, while Diamondback Energy, Inc. is down 19.79% for the same period. Together, APA and FANG represent approximately 2.3% of XLE’s underlying holdings.
The Utilities sector followed as the second best performer, with a minor decline of just 0.5%. Prominent Utilities stocks such as Eversource Energy (Symbol: ES) and Duke Energy Corp (Symbol: DUK) gained 1.1% and 0.4%, respectively. The Utilities Select Sector SPDR ETF (XLU), which tracks this sector, is down 0.6% in midday trading, but up 2.80% on a year-to-date basis. Eversource Energy has performed well, up 3.42% year-to-date, while Duke Energy Corp shows an even stronger performance up 13.26% year-to-date. Combined, ES and DUK contribute around 9.7% to XLU’s underlying holdings.
For a detailed comparison of these stocks and ETFs on a trailing twelve-month basis, below is a relative stock price performance chart. Each symbol is color-coded as indicated in the legend at the bottom:
Stock Channel” border=”0″ src=”https://secure.tickertech.com/pics/2025/38145565891.gif”>
You can view a snapshot of how the S&P 500 components across various sectors are performing in afternoon trading on Wednesday. As illustrated, one sector is experiencing gains while eight sectors are seeing declines.
| Sector | % Change |
|---|---|
| Energy | +0.9% |
| Utilities | -0.5% |
| Healthcare | -1.0% |
| Financial | -1.2% |
| Consumer Products | -1.3% |
| Materials | -1.3% |
| Industrial | -1.9% |
| Services | -2.2% |
| Technology & Communications | -2.7% |
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Also see:
• XMPT Average Annual Return
• WEN Average Annual Return
• MTG Dividend History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
