Midweek Sector Highlights: Energy and Consumer Goods

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As of midday Wednesday, the Energy sector is the top performer, up 1.9%. APA Corp (APA) and EQT Corp (EQT) are leading within this sector, gaining 4.6% and 4.4%, respectively. The Energy Select Sector SPDR ETF (XLE) mirrors this rise, increasing 1.9% today and 9.72% year-to-date. APA Corp has risen 19.64% year-to-date, while EQT Corp is up 34.04% year-to-date. Together, they constitute about 3.2% of XLE’s holdings.

The Consumer Products sector follows with a 0.8% increase. Notable large stocks include Deckers Outdoor Corp (DECK) and Tesla Inc (TSLA), which have gained 4.2% and 4.0%, respectively. The iShares U.S. Consumer Goods ETF (IYK) has decreased 0.4% today but is up 5.23% year-to-date. Year-to-date, Deckers has dropped 52.91%, while Tesla has increased 10.57%.

Overall, eight sectors are up today, with the Utilities sector down by 0.5%.

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