Market News Video

Monday Sector Leaders: Energy, Financial

By Market News Video Staff, Monday, July 24, 3:12 PM ET

In afternoon trading on Monday, Energy stocks are the best performing sector, higher by 2.1%. Within the sector, Valero Energy Corp (NYSE:VLO) and Halliburton Company (NYSE:HAL) are two large stocks leading the way, showing a gain of 3.6% and 3.6%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is up 2.2% on the day, and up 3.83% year-to-date. Valero Energy Corp, meanwhile, is up 7.84% year-to-date, and Halliburton Company is up 2.51% year-to-date. Combined, VLO and HAL make up approximately 6.0% of the underlying holdings of XLE.

The next best performing sector is the Financial sector, higher by 0.9%. Among large Financial stocks, KeyCorp (NYSE:KEY) and Citizens Financial Group Inc (NYSE:CFG) are the most notable, showing a gain of 5.6% and 4.0%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 1.1% in midday trading, and up 4.73% on a year-to-date basis. KeyCorp, meanwhile, is down 29.16% year-to-date, and Citizens Financial Group Inc, is down 16.19% year-to-date. Combined, KEY and CFG make up approximately 0.5% of the underlying holdings of XLF.

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:

Metals Channel

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, seven sectors are up on the day, while two sectors are down.

Sector% Change
Energy+2.1%
Financial+0.9%
Consumer Products+0.6%
Materials+0.6%
Services+0.2%
Industrial+0.2%
Technology & Communications+0.1%
Utilities-0.1%
Healthcare-0.3%


This Article's Word Cloud:   Among   Buying   Change   Citizens   Combined   Communications   Company   Comparing   Consumer   Corp   ETFs   Energy   Financial   Group   Halliburton   Healthcare   Here   Industrial   Insiders   KeyCorp   Materials   Monday   NYSE   Products   SPDR   Sector   Select   Valero   afternoon   approximately   basis   best   date   down   gain   higher   holdings   large   make   meanwhile   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   year
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