Market News Video

Friday Sector Leaders: Utilities, Healthcare

By Market News Video Staff, Friday, May 28, 2:32 PM ET

The best performing sector as of midday Friday is the Utilities sector, higher by 0.4%. Within the sector, CenterPoint Energy, Inc (NYSE:CNP) and Dominion Energy Inc (NYSE:D) are two large stocks leading the way, showing a gain of 0.9% and 0.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is up 0.5% on the day, and up 4.59% year-to-date. CenterPoint Energy, Inc, meanwhile, is up 18.44% year-to-date, and Dominion Energy Inc is up 1.98% year-to-date. Combined, CNP and D make up approximately 8.2% of the underlying holdings of XLU.

The next best performing sector is the Healthcare sector, higher by 0.3%. Among large Healthcare stocks, DexCom Inc (NASDAQ:DXCM) and Boston Scientific Corp. (NYSE:BSX) are the most notable, showing a gain of 1.9% and 1.6%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.4% in midday trading, and up 9.29% on a year-to-date basis. DexCom Inc, meanwhile, is down 0.22% year-to-date, and Boston Scientific Corp. is up 18.57% year-to-date. Combined, DXCM and BSX make up approximately 2.1% of the underlying holdings of XLV.

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:

Preferred Stock 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 three sectors are down.

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


This Article's Word Cloud:   Among   Boston   Care   CenterPoint   Change   Combined   Communications   Comparing   Consumer   Corp   DXCM   DexCom   Dividend   Dominion   ETFs   Energy   Financial   Friday   Giants   Health   Healthcare   Held   NYSE   SPDR   Scientific   Sector   Select   Utilities   approximately   basis   best   date   down   gain   higher   holdings   large   make   meanwhile   midday   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   year
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