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Friday Sector Laggards: Healthcare, Services

By Market News Video Staff, Friday, July 29, 5:41 PM ET

The worst performing sector as of midday Friday is the Healthcare sector, showing a 0.4% loss. Within the sector, DexCom Inc (NASDAQ:DXCM) and Edwards Lifesciences Corp (NYSE:EW) are two of the day's laggards, showing a loss of 6.4% and 6.1%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (NYSE:XLV), which is down 0.7% on the day, and down 5.66% year-to-date. DexCom Inc, meanwhile, is down 39.35% year-to-date, and Edwards Lifesciences Corp, is down 22.25% year-to-date. Combined, DXCM and EW make up approximately 1.9% of the underlying holdings of XLV.

The next worst performing sector is the Services sector, showing a 0.2% loss. Among large Services stocks, Comcast Corp (NASDAQ:CMCSA) and Warner Bros Discovery Inc (NASDAQ:WBD) are the most notable, showing a loss of 5.8% and 5.1%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 2.0% in midday trading, and down 22.19% on a year-to-date basis. Comcast Corp, meanwhile, is down 24.69% year-to-date, and Warner Bros Discovery Inc, is down 37.17% year-to-date. WBD makes up approximately 0.8% of the underlying holdings of IYC.

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 Friday. As you can see, six sectors are up on the day, while two sectors are down.

Sector% Change
Energy+2.7%
Industrial+1.4%
Financial+1.1%
Utilities+1.0%
Materials+0.9%
Technology & Communications+0.8%
Consumer Products-0.0%
Services-0.2%
Healthcare-0.4%


This Article's Word Cloud:   Among   Bros   Buying   CMCSA   Care   Change   Combined   Comcast   Communications   Comparing   Consumer   Corp   DXCM   DexCom   Discovery   ETFs   Edwards   Energy   Financial   Friday   Health   Healthcare   Here   Industrial   Insiders   Lifesciences   Materials   NYSE   Sector   Services   Warner   approximately   basis   date   down   holdings   loss   meanwhile   midday   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   worst   year
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