Tuesday Sector Leaders: Technology & Communications, Utilities

In afternoon trading on Tuesday, Technology & Communications stocks are the best performing sector, up 0.5%. Within the sector, AT&T Inc (NYSE: T) and SanDisk Corp. (NASD: SNDK) are two of the day’s stand-outs, showing a gain of 2.5% and 2.2%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (AMEX: XLK), which is up 0.4% on the day, and up 5.42% year-to-date. AT&T Inc, meanwhile, is up 6.82% year-to-date, and SanDisk Corp., is down 29.09% year-to-date. Combined, T and SNDK make up approximately 4.6% of the underlying holdings of XLK.

The next best performing sector is the Utilities sector, up 0.4%. Among large Utilities stocks, PG&E Corp. (NYSE: PCG) and CenterPoint Energy, Inc (NYSE: CNP) are the most notable, showing a gain of 1.1% and 1.0%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.4% in midday trading, and down 4.40% on a year-to-date basis. PG&E Corp. , meanwhile, is down 0.69% year-to-date, and CenterPoint Energy, Inc, is down 9.25% year-to-date. Combined, PCG and CNP make up approximately 6.0% of the underlying holdings of XLU.

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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:

Energy Stock Channel

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, five sectors are up on the day, while three sectors are down.

Sector % Change
Technology & Communications +0.5%
Utilities +0.4%
Financial +0.4%
Energy +0.4%
Materials +0.1%
Healthcare 0.0%
Services -0.2%
Consumer Products -0.3%
Industrial -0.3%


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