HomeMarket NewsWednesday Sector Leaders: Technology & Communications, Healthcare

Wednesday Sector Leaders: Technology & Communications, Healthcare

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The best performing sector as of midday Wednesday is the Technology & Communications sector, up 0.9%. Within that group, First Solar Inc (Symbol: FSLR) and Analog Devices Inc (Symbol: ADI) are two large stocks leading the way, showing a gain of 16.4% and 9.1%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 0.1% on the day, and up 11.81% year-to-date. First Solar Inc, meanwhile, is up 43.28% year-to-date, and Analog Devices Inc is up 19.50% year-to-date. Combined, FSLR and ADI make up approximately 1.4% of the underlying holdings of XLK.

The next best performing sector is the Healthcare sector, up 0.3%. Among large Healthcare stocks, Moderna Inc (Symbol: MRNA) and Pfizer Inc (Symbol: PFE) are the most notable, showing a gain of 11.4% and 2.5%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.3% in midday trading, and up 7.96% on a year-to-date basis. Moderna Inc, meanwhile, is up 60.92% year-to-date, and Pfizer Inc is up 4.57% year-to-date. Combined, MRNA and PFE make up approximately 3.9% of the underlying holdings of XLV.

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:

Stock Options Channel

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

Sector % Change
Technology & Communications +0.9%
Healthcare +0.3%
Industrial 0.0%
Financial -0.1%
Consumer Products -0.5%
Materials -0.6%
Services -0.7%
Utilities -0.8%
Energy -1.5%

nslideshow 25 Dividend Giants Widely Held By ETFs »

Also see:

• Cheap REIT Stocks
• PIPR Options Chain
• Funds Holding DLCA

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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