DividendChannel.com

Monday Sector Laggards: Industrial, Healthcare

By Dividend Channel Staff, Monday, March 25, 2:34 PM ET

In afternoon trading on Monday, Industrial stocks are the worst performing sector, showing a 0.4% loss. Within the sector, United Airlines Holdings Inc (NASDAQ:UAL) and Norfolk Southern Corp (NYSE:NSC) are two of the day's laggards, showing a loss of 4.0% and 2.3%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (NYSE:XLI), which is down 0.6% on the day, and up 9.57% year-to-date. United Airlines Holdings Inc, meanwhile, is up 8.18% year-to-date, and Norfolk Southern Corp is up 5.63% year-to-date. Combined, UAL and NSC make up approximately 1.9% of the underlying holdings of XLI.

The next worst performing sector is the Healthcare sector, showing a 0.3% loss. Among large Healthcare stocks, Bio-Rad Laboratories Inc (NYSE:BIO) and STERIS plc (NYSE:STE) are the most notable, showing a loss of 3.5% and 3.0%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.2% in midday trading, and up 6.84% on a year-to-date basis. Bio-Rad Laboratories Inc, meanwhile, is up 4.70% year-to-date, and STERIS plc is up 1.23% year-to-date. Combined, BIO and STE make up approximately 0.6% of the underlying holdings of XLV.

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:

Portfolio 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, four sectors are up on the day, while five sectors are down.

Sector% Change
Energy+0.9%
Materials+0.4%
Utilities+0.1%
Financial+0.1%
Consumer Products-0.2%
Services-0.2%
Technology & Communications-0.2%
Healthcare-0.3%
Industrial-0.4%


This Article's Word Cloud:   Airlines   Among   Buying   Care   Change   Combined   Communications   Comparing   Consumer   Corp   ETFs   Energy   Financial   Health   Healthcare   Here   Holdings   Industrial   Insiders   Laboratories   Materials   Monday   NYSE   Norfolk   Products   SPDR   Sector   Select   Southern   United   afternoon   approximately   basis   date   down   holdings   loss   make   meanwhile   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   worst   year

Monday Sector Laggards: Industrial, Healthcare | www.DividendChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. 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. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.