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from the world of economics and financeThe worst performing sector as of midday Friday is the Utilities sector, showing a 1.0% loss. Within that group, AES Corp (Symbol: AES) and NextEra Energy Inc (Symbol: NEE) are two of the day's laggards, showing a loss of 8.6% and 4.9%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.4% on the day, and up 8.99% year-to-date. AES Corp, meanwhile, is down 7.58% year-to-date, and NextEra Energy Inc is up 17.10% year-to-date. Combined, AES and NEE make up approximately 15.8% of the underlying holdings of XLU.
The next worst performing sector is the Consumer Products sector, showing a 0.7% loss. Among large Consumer Products stocks, Nike (Symbol: NKE) and Estee Lauder Cos., Inc. (Symbol: EL) are the most notable, showing a loss of 20.3% and 4.4%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.6% in midday trading, and up 3.86% on a year-to-date basis. Nike, meanwhile, is down 30.16% year-to-date, and Estee Lauder Cos., Inc., is down 26.64% year-to-date.
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 Friday. As you can see, five sectors are up on the day, while three sectors are down.
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