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Consumer Products and Services Report Consumer Products and Services Showcase Trading Surge

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      Consumer Products and Services Showcase Trading Surge

In the bustling arena of afternoon trading, Consumer Products seize the spotlight as the best-performing sector, surging by an impressive 0.8%. Among this realm, two heavyweight contenders, Tesla Inc and Cummins, Inc., shine the brightest, flaunting a commendable 5.9% and 4.5% gain, respectively. The iShares U.S. Consumer Goods ETF mirrors this fervor, soaring by 0.8% today and by an impressive 4.80% year-to-date. Despite a rough year, Tesla Inc remains resilient, down 30.27% year-to-date while Cummins, Inc. proudly stands tall, boasting a 20.59% uptick year-to-date.

Trailing closely behind, the Services sector mirrors the Consumer Products triumph with a parallel 0.8% surge. Noteworthy titans in this realm, Alphabet Inc (GOOGL) and Alphabet Inc (GOOG), command attention with a solid 5.0% and 4.9% climb, respectively. The iShares U.S. Consumer Services ETF embodies this upward momentum, ascending by 0.7% in midday trading and by a remarkable 5.61% year-to-date. The Alphabet Inc giants hold their ground, with GOOGL on a 6.12% rise year-to-date, closely followed by GOOG at a 5.81% increase.

Examining these stocks and ETFs over a twelve-month span unveils a fascinating narrative, depicted in a colorful stock price performance chart that offers a nuanced perspective of their market journey.

The Online Investor

Delving deeper into the market terrain, a glimpse at the S&P 500 components across various sectors reveals a striking panorama in afternoon trading on Monday. Evidently, nine sectors revel in an upswing, with not a single sector experiencing a downturn.

Sector % Change
Consumer Products +0.8%
Services +0.8%
Materials +0.8%
Utilities +0.7%
Technology & Communications +0.6%
Healthcare +0.5%
Industrial +0.4%
Energy +0.4%
Financial +0.2%

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Also see:

• Mergers and Acquisitions
• DXPE Past Earnings
• ESSA Next Dividend Date

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