As of midday Thursday, the Technology & Communications sector leads the market, up 0.5%. Key contributors include Super Micro Computer Inc (SMCI), rising 6.0%, and Palo Alto Networks, Inc (PANW), up 5.6%. Year-to-date, SMCI has soared by 210.01%, while PANW has gained 16.50%. The Technology Select Sector SPDR ETF (XLK) reflects this strength, increasing 0.2% today and 18.17% year-to-date.
The Utilities sector follows, registering a 0.1% increase. Noteworthy performers include Vistra Corp (VST) and American Electric Power Co Inc (AEP), which have gained 1.0% and 0.9%, respectively. YTD, VST is up 126.47%, and AEP is up 10.44%. The Utilities Select Sector SPDR ETF (XLU) is down 0.1% today, but up 10.26% for the year.
Overall, three sectors are experiencing gains today, while six are showing declines, reflecting a mixed performance across the S&P 500.
