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The Pulse of the Market: A Dive into Healthcare and Services

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Healthcare Sector: Moderna Inc and Molina Healthcare Inc Taking a Hit

Amidst the midday Thursday hustle, the Healthcare sector is showing a mere 0.1% uptick. In this realm, Moderna Inc (MRNA) and Molina Healthcare Inc (MOH) stand out as less-than-stellar performers, with losses of 2.9% and 2.3% respectively. Tracking the sector is the Health Care Select Sector SPDR ETF (XLV), ticking up by 0.2% today and boasting an admirable 8.88% growth year-to-date. Moderna Inc has surged by 7.95% over the year, with Molina Healthcare Inc not far behind at a 13.16% increase. Together, MRNA and MOH constitute roughly 1.1% of XLV’s holdings.

Services Sector: Carnival Corp and Charter Communications Inc in the Red

Stepping into the Services sector scene reveals a modest 0.2% rise. Carnival Corp (CCL) and Charter Communications Inc (CHTR) are grappling with losses of 3.5% and 2.3% respectively. Keeping a close eye on Services stocks is the iShares U.S. Consumer Services ETF (IYC), maintaining status quo in midday trading today and flaunting an 8.45% growth year-to-date. Carnival Corp has faltered by 10.52% over the year, and Charter Communications Inc has seen a substantial decline of 26.20% year-to-date. CCL accounts for around 0.3% of IYC’s holdings.

Comparing the performance of these stocks and ETFs over the trailing twelve months unveils a chart showcasing their relative stock price movements, color-coded for easy reference.

RediNews

Inspecting the S&P 500 components across various sectors in Thursday afternoon trading, it is evident that nine sectors are on the rise, with none in the negative territory.

Sector % Change
Energy +1.2%
Utilities +0.7%
Financial +0.6%
Materials +0.5%
Consumer Products +0.4%
Industrial +0.3%
Services +0.2%
Technology & Communications +0.2%
Healthcare +0.1%

nslideshowDiscover 10 ETFs With Stocks That Insiders Are Buying »

Also see:

• Dive into Office Supplies Dividend Stocks
• Explore Funds Holding LILM
• Stay Updated on the Top Ten Hedge Funds Holding CCJ

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

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