As of midday Tuesday, the Technology & Communications sector is the top performer, holding steady with no significant losses. Notable stock contributions include Apple Inc. (AAPL), which gained 6.1%, and First Solar Inc. (FSLR), up 4.3%. The Technology Select Sector SPDR ETF (XLK) is also performing well, rising 1.3% for the day and 13.96% year-to-date. AAPL’s year-to-date increase is 6.69%, while FSLR has surged by 69.39%. Combined, these stocks represent approximately 21.8% of XLK’s holdings.
The Utilities sector follows closely, down just 0.1%. Vistra Corp (VST) and Constellation Energy Corp (CEG) are noteworthy performers, up 4.0% and 2.1%, respectively. The Utilities Select Sector SPDR ETF (XLU) has dipped 0.7% today but remains up 11.86% year-to-date. VST has skyrocketed by 138.69% year-to-date, while CEG is up 88.05%, with both making up about 9.3% of XLU’s holdings.
Overall, technology stocks lead the market while most sectors are experiencing slight declines. A detailed performance comparison among the top sectors shows varied impacts on stock prices.
