Tuesday Sector Laggards: Utilities, EnergyBy Dividend Channel Staff, Tuesday, March 26, 2:31 PM ETIn afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.8% loss. Within the sector, Dominion Energy Inc (NYSE:D) and NextEra Energy Inc (NYSE:NEE) are two large stocks that are lagging, showing a loss of 2.5% and 2.0%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is down 0.9% on the day, and up 1.18% year-to-date. Dominion Energy Inc, meanwhile, is up 1.51% year-to-date, and NextEra Energy Inc is up 1.90% year-to-date. Combined, D and NEE make up approximately 18.2% of the underlying holdings of XLU. The next worst performing sector is the Energy sector, showing a 0.5% loss. Among large Energy stocks, APA Corp (NASDAQ:APA) and Baker Hughes Company (NASDAQ:BKR) are the most notable, showing a loss of 3.8% and 1.2%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.9% in midday trading, and up 12.11% on a year-to-date basis. APA Corp, meanwhile, is down 6.61% year-to-date, and Baker Hughes Company, is down 3.16% year-to-date. Combined, APA and BKR make up approximately 2.7% of the underlying holdings of XLE. 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: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday. As you can see, five sectors are up on the day, while three sectors are down.
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