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Sectors

Technology And Communications, Utilities, Lead Monday Sectors

(Credit: Kevin Frayer / Stringer) For the Monday sectors line-up, technology and communications, utilities rose as the most patronized.Technology And Communications, Utilities, Lead Monday Sectors
November 29
6:00 AM 2016

Among the Monday sectors, Utilities, technology and information stand out above the rest.

Examining and evaluating the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, up 2.0%. Within that group, NRG Energy Inc (NYSE: NRG) and Exelon Corp (NYSE: EXC) are two large stocks leading the way, showing a gain of 4.0% and 3.2%, respectively.

Among the sectors of utilities ETFs, one ETF following the sector is the Utility approximately 5.7% of the underlying holdings of XLU.ies Select Sector SPDR ETF (AMEX: XLU), which is up 1.9% on the day, and up 13.81% year-to-date. NRG Energy Inc, meanwhile, is down 1.23% year-to-date, and Exelon Corp is up 25.65% year-to-date. Combined, NRG and EXC make up applications.

The next best performing sector is the Technology & Communications sector, up 0.2%. Among large Technology & Communications stocks, Cognizant Technology Solutions Corp. (NASD: CTSH) and Western Digital Corp (NASD: WDC) are the most notable, showing a gain of 7.2% and 1.7%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 0.2% in midday trading, and up 13.82% on a year-to-date basis. Cognizant Technology Solutions Corp., meanwhile, is down 4.92% year-to-date, and Western Digital Corp is up 6.81% year-to-date. Combined, CTSH and WDC make up approximately 1.2% 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:

(Photo : pinterest)

Here's a table of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, two sectors are up on the day, while seven sectors are down.

Sector % Change

Utilities +2.0%

Technology & Communications +0.2%

Consumer Products -0.4%

Financial -0.4%

Services -0.6%

Industrial -0.6%

Materials -0.6%

Energy -0.6%

Healthcare -0.7% 

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