As of midday Thursday, Energy companies lead market performance with a 0.6% increase, driven by Targa Resources Corp (TRGP) and ONEOK Inc (OKE), which gained 2.4% and 1.4%, respectively. The Energy Select Sector SPDR ETF (XLE) rose 0.5% today but is down 3.02% year-to-date. Targa Resources Corp and ONEOK Inc have year-to-date declines of 6.82% and 16.59%, respectively, and together represent about 6.4% of XLE’s holdings.
The Services sector follows closely with a 0.4% gain, led by Dollar Tree Inc (DLTR) and Tractor Supply Co. (TSCO), which rose 8.8% and 5.2%, respectively. The iShares U.S. Consumer Services ETF (IYC) is down 0.4% but up 1.01% year-to-date. Notably, Dollar Tree is up 28.64% year-to-date, while Tractor Supply is down 1.27%. Combined, these two stocks make up approximately 0.8% of IYC’s holdings.
