In afternoon trading on Wednesday, Energy stocks are the best performing sector, up 1.4%. Within that group, Targa Resources Corp (Symbol: TRGP) and Williams Cos Inc (Symbol: WMB) are two large stocks leading the way, showing a gain of 3.5% and 3.1%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 1.1% on the day, and up 3.10% year-to-date. Targa Resources Corp, meanwhile, is up 5.46% year-to-date, and Williams Cos Inc is up 4.67% year-to-date. Combined, TRGP and WMB make up approximately 7.5% of the underlying holdings of XLE.
The next best performing sector is the Technology & Communications sector, up 0.4%. Among large Technology & Communications stocks, Micron Technology Inc. (Symbol: MU) and Palantir Technologies Inc (Symbol: PLTR) are the most notable, showing a gain of 7.3% and 5.8%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 1.2% in midday trading, and down 9.28% on a year-to-date basis. Micron Technology Inc., meanwhile, is up 13.55% year-to-date, and Palantir Technologies Inc is up 9.14% year-to-date. Combined, MU and PLTR make up approximately 3.3% of the underlying holdings of XLK.
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:
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, three sectors are up on the day, while six sectors are down.
| Sector | % Change |
|---|---|
| Energy | +1.4% |
| Technology & Communications | +0.4% |
| Utilities | +0.1% |
| Financial | -0.1% |
| Industrial | -0.3% |
| Materials | -0.3% |
| Healthcare | -1.1% |
| Services | -1.2% |
| Consumer Products | -1.3% |
Also see:
Stock market game
MULE Historical Stock Prices
PAGS market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.