Market News Video

Monday Sector Leaders: Consumer Products, Technology & Communications

By Market News Video Staff, Monday, April 5, 2:45 PM ET

In afternoon trading on Monday, Consumer Products stocks are the best performing sector, up 1.6%. Within that group, Tesla Inc (NASDAQ:TSLA) and General Motors Co (NYSE:GM) are two large stocks leading the way, showing a gain of 5.8% and 5.3%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (NYSE:IYK), which is up 2.0% on the day, and up 4.23% year-to-date. Tesla Inc, meanwhile, is down 0.74% year-to-date, and General Motors Co is up 46.21% year-to-date. Combined, TSLA and GM make up approximately 19.3% of the underlying holdings of IYK.

The next best performing sector is the Technology & Communications sector, up 1.6%. Among large Technology & Communications stocks, Trimble Inc (NASDAQ:TRMB) and Alphabet Inc (NASDAQ:GOOGL) are the most notable, showing a gain of 4.8% and 4.5%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 2.2% in midday trading, and up 6.75% on a year-to-date basis. Trimble Inc, meanwhile, is up 26.69% year-to-date, and Alphabet Inc is up 26.98% year-to-date. TRMB makes up approximately 0.2% 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:

The Online Investor

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

Sector% Change
Consumer Products+1.6%
Technology & Communications+1.6%
Industrial+1.5%
Services+1.3%
Materials+1.0%
Utilities+0.9%
Healthcare+0.7%
Financial+0.2%
Energy-3.2%


This Article's Word Cloud:   Alphabet   Among   Buying   Change   Combined   Communications   Comparing   Consumer   ETFs   Energy   Financial   GOOGL   General   Goods   Healthcare   Here   Industrial   Insiders   Materials   Monday   Motors   NYSE   Products   SPDR   Sector   TRMB   TSLA   Technology   Tesla   Trimble   afternoon   approximately   basis   best   date   down   gain   holdings   large   meanwhile   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   year
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