Metals Channel
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Notable ETF Outflow Detected - VOE, PCAR, AJG, CARR
Wednesday, March 6, 11:12 AM ET, by Market News Video Staff

Symbols mentioned in this story: VOE, PCAR, AJG, CARR Exchange traded funds (ETFs) trade just ...

Wednesday Sector Leaders: Technology & Communications, Utilities
Wednesday, March 6, 2:32 PM ET, by Market News Video Staff

The best performing sector as of midday Wednesday is the Technology & Communications sector, up ...

Thursday Sector Leaders: Technology & Communications, Materials
Thursday, March 7, 2:31 PM ET, by Market News Video Staff

Looking at the sectors faring best as of midday Thursday, shares of Technology & Communications ...

Seagate Technology Holdings (STX) Shares Cross 3% Yield Mark
Thursday, March 7, 3:13 PM ET, by Market News Video Staff

In trading on Thursday, shares of Seagate Technology Holdings PLC (STX) were yielding above the ...

Friday Sector Laggards: Technology & Communications, Materials
Friday, March 8, 2:50 PM ET, by Market News Video Staff

In afternoon trading on Friday, Technology & Communications stocks are the worst performing sector, showing ...

Friday Sector Leaders: Technology & Communications, Materials

By Metals Channel Staff, Friday, November 12, 2:42 PM ET
Play Video: The Importance of ETFs


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts

Looking at the sectors faring best as of midday Friday, shares of Technology & Communications companies are outperforming other sectors, higher by 0.9%. Within the sector, Etsy Inc (NASDAQ:ETSY) and Seagate Technology Holdings PLC (NASDAQ:STX) are two large stocks leading the way, showing a gain of 6.8% and 4.0%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is up 1.1% on the day, and up 29.20% year-to-date. Etsy Inc, meanwhile, is up 52.01% year-to-date, and Seagate Technology Holdings PLC is up 79.31% year-to-date. STX makes up approximately 0.2% of the underlying holdings of XLK.

The next best performing sector is the Materials sector, up 0.8%. Among large Materials stocks, Carrier Global Corp (NYSE:CARR) and Mohawk Industries, Inc. (NYSE:MHK) are the most notable, showing a gain of 2.7% and 2.3%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 0.7% in midday trading, and up 25.82% on a year-to-date basis. Carrier Global Corp, meanwhile, is up 49.35% year-to-date, and Mohawk Industries, Inc. is up 25.96% 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:

Dividend Channel

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, six sectors are up on the day, while two sectors are down.

Sector% Change
Technology & Communications+0.9%
Materials+0.8%
Healthcare+0.7%
Industrial+0.5%
Services+0.4%
Consumer Products+0.3%
Financial0.0%
Utilities-0.2%
Energy-0.4%


This Article's Word Cloud:   Among   CARR   Carrier   Change   Communications   Comparing   Consumer   Corp   Dividend   ETFs   ETSY   Energy   Etsy   Financial   Friday   Giants   Global   Healthcare   Held   Here   Holdings   Industrial   Industries   Looking   Materials   Mohawk   NYSE   Products   SPDR   Seagate   Sector   Select   Services   Technology   basis   best   date   faring   gain   large   meanwhile   midday   respectively   sector   sectors   showing   stocks   trading   which   year

Friday Sector Leaders: Technology & Communications, Materials | www.MetalsChannel.com | Copyright © 2010 - 2024, All Rights Reserved

Nothing in Metals Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and metals stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Metals Channel; Meet Our Editorial Staff.