February 3, 2025

Ron Finklestien

Monday Market Movers: Consumer Products and Industrial Sectors Underperform

Consumer Products Struggle Amid Market Challenges

As of midday Monday, the Consumer Products sector is lagging behind the broader market, registering a loss of 0.9%. Notable underperformers include Tesla Inc (Symbol: TSLA), which has dropped 5.6%, and Deckers Outdoor Corp. (Symbol: DECK), down 3.8%. The iShares U.S. Consumer Goods ETF (Symbol: IYK), which tracks the sector, is slightly up by 0.2% today and has gained 1.37% year-to-date. In contrast, year-to-date performance shows Tesla down 5.44% and Deckers down 16.02%.

Industrial Sector Follows Suit

The Industrial sector also faces challenges, with a 0.9% decrease. FedEx Corp (Symbol: FDX) and Stanley Black & Decker Inc (Symbol: SWK) are notable laggards, reporting losses of 6.0% and 3.8%, respectively. The Industrial Select Sector SPDR ETF (XLI), which closely follows Industrial stocks, is down 0.8% for the day but has risen 4.16% year-to-date. FedEx’s performance year-to-date shows a decline of 11.51%, while Stanley Black & Decker has seen an increase of 5.50%. Together, these two companies represent about 1.6% of XLI’s holdings.

For a broader perspective, the chart below illustrates the stock performance of these companies and ETFs over the past twelve months:

ETF Channel

Current S&P 500 Sector Performance

This afternoon’s trading data reveals that three sectors are showing positive movement while six sectors are on the decline. A closer look at the S&P 500 components offers insight into current trends:

Sector % Change
Utilities +0.4%
Energy +0.4%
Healthcare +0.1%
Services -0.4%
Technology & Communications -0.5%
Financial -0.6%
Consumer Products -0.9%
Industrial -0.9%
Materials -0.9%

25 Dividend Giants Widely Held By ETFs »

Also see:

• Earnings History
• SURG Average Annual Return
• AVDV Videos

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


Subscribe to Pivot and Flow Daily