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% |