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25 June
Tuesday Sector Leaders: Technology & Communications, Energy

Looking at the sectors faring best as of midday Tuesday, shares of Technology & Communications companies are outperforming other sectors, up 0.1%. Within that group, NVIDIA Corp (Symbol: NVDA) and Skyworks Solutions Inc (Symbol: SWKS) are two large stocks leading the way, showing a gain of 5.8% and 2.9%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 1.5% on the day, and up 17.63% year-to-date. NVIDIA Corp, meanwhile, is up 152.27% year-to-date, and Skyworks Solutions Inc, is down 2.71% year-to-date. Combined, NVDA and SWKS make up approximately 5.8% of the underlying holdings of XLK.

The next best performing sector is the Energy sector, losing just 0.2%. Among large Energy stocks, Valero Energy Corp (Symbol: VLO) and Baker Hughes Company (Symbol: BKR) are the most notable, showing a gain of 0.8% and 0.7%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is down 0.1% in midday trading, and up 10.48% on a year-to-date basis. Valero Energy Corp, meanwhile, is up 18.50% year-to-date, and Baker Hughes Company is up 2.56% year-to-date. Combined, VLO and BKR make up approximately 5.4% of the underlying holdings of XLE.

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 Tuesday. As you can see, one sector is up on the day, while eight sectors are down.

Also see:

High Yield Stocks
OXY DMA
Institutional Holders of MOXC

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