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Tuesday Sector Laggards: Industrial, Services

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In afternoon trading on Tuesday, Industrial stocks are the worst performing sector, showing a 0.6% loss. Within the sector, Keysight Technologies Inc (Symbol: KEYS) and Nordson Corp. (Symbol: NDSN) are two large stocks that are lagging, showing a loss of 9.1% and 8.5%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is down 0.3% on the day, and up 10.13% year-to-date. Keysight Technologies Inc, meanwhile, is down 8.69% year-to-date, and Nordson Corp., is down 6.48% year-to-date. NDSN makes up approximately 0.4% of the underlying holdings of XLI.

The next worst performing sector is the Services sector, showing a 0.5% loss. Among large Services stocks, Walgreens Boots Alliance Inc (Symbol: WBA) and AutoZone, Inc. (Symbol: AZO) are the most notable, showing a loss of 6.1% and 3.7%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is down 0.1% in midday trading, and up 5.25% on a year-to-date basis. Walgreens Boots Alliance Inc, meanwhile, is down 34.01% year-to-date, and AutoZone, Inc. is up 8.94% year-to-date. AZO makes up approximately 0.9% of the underlying holdings of IYC.

Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:

ETF Channel

Here’s a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, three sectors are up on the day, while six sectors are down.

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

nslideshow 25 Dividend Giants Widely Held By ETFs »

Also see:

• MNDL Insider Buying
• Institutional Holders of SPUU
• Top Ten Hedge Funds Holding GREI

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

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