In afternoon trading on Wednesday, Financial stocks are the worst performing sector, showing a 0.5% loss. Within that group, KKR & CO Inc (Symbol: KKR) and Apollo Global Management Inc (new (Symbol: APO) are two large stocks that are lagging, showing a loss of 5.5% and 4.0%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 0.4% on the day, and up 11.93% year-to-date. KKR & CO Inc, meanwhile, is down 5.53% year-to-date, and Apollo Global Management Inc (new, is down 14.87% year-to-date. Combined, KKR and APO make up approximately 2.1% of the underlying holdings of XLF.
The next worst performing sector is the Technology & Communications sector, showing a 0.5% loss. Among large Technology & Communications stocks, Synopsys Inc (Symbol: SNPS) and Micron Technology Inc. (Symbol: MU) are the most notable, showing a loss of 4.4% and 3.8%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 0.8% in midday trading, and up 20.05% on a year-to-date basis. Synopsys Inc, meanwhile, is down 3.45% year-to-date, and Micron Technology Inc. is up 90.41% year-to-date. Combined, SNPS and MU make up approximately 2.5% 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 | +2.2% |
| Utilities | +0.4% |
| Consumer Products | +0.3% |
| Services | -0.3% |
| Healthcare | -0.3% |
| Industrial | -0.4% |
| Financial | -0.5% |
| Technology & Communications | -0.5% |
| Materials | -0.5% |
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Also see:
? Live Cash Dividend Declarations Feed
? BONO Historical Stock Prices
? MELR Options Chain
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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