Market News Video

Tuesday Sector Leaders: Energy, Materials

By Market News Video Staff, Tuesday, August 3, 2:34 PM ET

Looking at the sectors faring best as of midday Tuesday, shares of Energy companies are outperforming other sectors, higher by 1.7%. Within the sector, Pioneer Natural Resources Co (NYSE:PXD) and Diamondback Energy, Inc. (NASDAQ:FANG) are two large stocks leading the way, showing a gain of 7.8% and 4.2%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is up 1.4% on the day, and up 33.91% year-to-date. Pioneer Natural Resources Co, meanwhile, is up 35.66% year-to-date, and Diamondback Energy, Inc. is up 66.94% year-to-date. Combined, PXD and FANG make up approximately 5.6% of the underlying holdings of XLE.

The next best performing sector is the Materials sector, up 1.0%. Among large Materials stocks, Mosaic Co (NYSE:MOS) and Nucor Corp. (NYSE:NUE) are the most notable, showing a gain of 4.2% and 3.8%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 0.8% in midday trading, and up 16.50% on a year-to-date basis. Mosaic Co , meanwhile, is up 36.09% year-to-date, and Nucor Corp. is up 100.63% year-to-date. Combined, MOS and NUE make up approximately 4.3% of the underlying holdings of XLB.

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:

Stock Market Game

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, eight sectors are up on the day, while one sector is down.

Sector% Change
Energy+1.7%
Materials+1.0%
Consumer Products+0.8%
Industrial+0.7%
Financial+0.6%
Healthcare+0.4%
Utilities+0.3%
Technology & Communications+0.3%
Services-0.2%


This Article's Word Cloud:   Among   Buying   Change   Combined   Communications   Comparing   Consumer   Corp   Diamondback   ETFs   Energy   FANG   Financial   Healthcare   Here   Industrial   Insiders   Looking   Materials   Mosaic   NYSE   Natural   Nucor   Pioneer   Products   Resources   SPDR   Sector   Select   Tuesday   approximately   basis   best   date   faring   gain   holdings   large   make   meanwhile   midday   respectively   sector   sectors   showing   stocks   trading   underlying   which   year
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