Thursday Sector Leaders: Healthcare, Technology and Communications

The best performing sector Thursday midday is the health sector, up 1.8%. Within this group, Charles River Laboratories International Inc. (Symbol: CRL) and Bio-Rad Laboratories Inc (Symbol: BIO) are two large leading stocks, posting a gain of 4.8% and 4.6%, respectively. . Among healthcare ETFs, a sector-tracking ETF is the SPDR Health Care Select Sector ETF (ticker: XLV), which is up 2.0% on the day and 1.12% since the start of the month. the year. Charles River Laboratories International Inc., meanwhile, is down 20.47% year-to-date, and Bio-Rad Laboratories Inc., is down 20.17% year-to-date. Together, CRL and BIO represent approximately 0.5% of XLV’s underlying holdings.

The second best performing sector was the technology and communications sector, up 0.2%. Among technology and communications big names, HP Inc (Symbol: HPQ) and PTC Inc (Symbol: PTC) are the most notable, posting a gain of 15.7% and 2.8%, respectively. One ETF that closely tracks technology and communications stocks is the Technology Select Sector SPDR ETF (XLK), which was flat on the day at noon and down 11.10% year-to-date. HP Inc, meanwhile, is up 7.88% year-to-date and PTC Inc, down 14.28% year-to-date. Together, HPQ and PTC represent approximately 0.5% of XLK’s underlying holdings.

Comparing these stocks and ETFs on a twelve-month basis, below is a graph of relative stock price performance, with each of the symbols displayed in a different color, as shown in the legend at the bottom:

Here’s a look at how the S&P 500 components across sectors are faring in Thursday afternoon trading. As you can see, four sectors are up on this day, while five sectors are down.

Sector % To change
Health care +1.8%
Technology and communication +0.2%
consumer products +0.1%
Materials +0.1%
Industrial -0.1%
Energy -0.1%
Services -0.3%
Utilities -0.6%
Financial -0.9%

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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