On Wednesday afternoon, the Services sector led the market with a 0.7% increase. Notable performers included Match Group Inc (MTCH), which rose by 9.7%, and Walmart Inc (WMT), which gained 3.9%. The iShares U.S. Consumer Services ETF (IYC) also advanced by 1.4% on the day and 4.86% year-to-date. Year-to-date, Match Group is up 14.83%, while Walmart has increased by 14.73%; WMT constitutes approximately 4.3% of IYC’s holdings.
The Consumer Products sector followed closely behind with a 0.6% gain, driven by Tesla Inc (TSLA), which rose by 3.3%, and Colgate-Palmolive Co. (CL), which increased by 2.0%. The iShares U.S. Consumer Goods ETF (IYK) was up 0.9% for the day and 6.94% year-to-date, although both Tesla and Colgate-Palmolive are down 21.04% and 5.13% year-to-date, respectively.
At the time of writing, three sectors showed gains while four were down. Key data from the trading sector performance includes: Services (+0.7%), Consumer Products (+0.6%), and Financials (+0.2%). In contrast, sectors such as Healthcare (-1.7%) and Materials (-1.4%) experienced declines.
