Most Popular

Healthcare, Technology & Communications Sector Performance Healthcare, Technology & Communications Sector Performance Analysis

The midday market report indicates that the Healthcare sector is leading the charge with a 0.2% gain, with Catalent Inc (CTLT) and Idexx Laboratories, Inc. (IDXX) driving this surge with 9.6% and 7.1% increases, respectively. Meanwhile, the Technology & Communications sector is close behind, experiencing a marginal 0.2% decline. Notable stocks in this sector include ON Semiconductor Corp (ON) and NVIDIA Corp (NVDA), with gains of 10.0% and 4.1%, respectively.

Throughout the year, the Health Care Select Sector SPDR ETF (XLV) has maintained a consistent upward trajectory, showing a 0.5% increase for the day and a 4.63% gain year-to-date. In contrast, the Technology Select Sector SPDR ETF (XLK) has illustrated a 0.2% rise during midday trading and a 5.30% increase year-to-date.

Comparing these stocks and ETFs on a trailing twelve-month basis, the S&P 500 components within the various sectors are faring differently in afternoon trading on Monday. Healthcare is positively showing a 0.2% change, while eight sectors, including Technology & Communications, are experiencing declines.

Sector% Change
Healthcare+0.2%
Technology & Communications-0.2%
Energy-0.3%
Industrial-0.8%
Consumer Products-0.9%
Services-1.1%
Financial-1.1%
Utilities-1.4%
Materials-1.6%

25 Dividend Giants Widely Held By ETFs »

Also see:


See also  Magna Unveils Revolutionary eDrive TechnologyMagna Unveils Revolutionary eDrive Technology At CES 2024, Set To Transform EV Market