Market News Video

Monday Sector Leaders: Energy, Utilities

By Market News Video Staff, Monday, April 24, 2:38 PM ET

The best performing sector as of midday Monday is the Energy sector, up 1.5%. Within the sector, Halliburton Company (NYSE:HAL) and Marathon Petroleum Corp. (NYSE:MPC) are two large stocks leading the way, showing a gain of 3.4% and 2.3%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is up 1.7% on the day, and up 3.31% year-to-date. Halliburton Company, meanwhile, is down 7.87% year-to-date, and Marathon Petroleum Corp. is up 14.61% year-to-date. Combined, HAL and MPC make up approximately 6.4% of the underlying holdings of XLE.

The next best performing sector is the Utilities sector, higher by 0.5%. Among large Utilities stocks, NRG Energy Inc (NYSE:NRG) and CenterPoint Energy, Inc (NYSE:CNP) are the most notable, showing a gain of 1.6% 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 0.11% on a year-to-date basis. NRG Energy Inc, meanwhile, is up 10.66% year-to-date, and CenterPoint Energy, Inc is up 4.92% year-to-date. Combined, NRG and CNP make up approximately 2.7% of the underlying holdings of XLU.

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:

Chart Zero

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

Sector% Change
Energy+1.5%
Utilities+0.5%
Healthcare+0.5%
Materials+0.2%
Consumer Products+0.1%
Industrial-0.0%
Services-0.1%
Financial-0.2%
Technology & Communications-0.4%


This Article's Word Cloud:   Among   Buying   CenterPoint   Change   Combined   Communications   Company   Comparing   Consumer   Corp   ETFs   Energy   Financial   Halliburton   Healthcare   Here   Industrial   Insiders   Marathon   Materials   Monday   NYSE   Petroleum   Products   SPDR   Sector   Select   Services   Utilities   approximately   basis   best   date   down   gain   holdings   large   make   meanwhile   midday   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   year
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy

Monday Sector Leaders: Energy, Utilities | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.