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Thursday Sector Leaders: Energy, Industrial

By Metals Channel Staff, Thursday, March 14, 2:32 PM ET

In afternoon trading on Thursday, Energy stocks are the best performing sector, up 0.5%. Within the sector, Halliburton Company (NYSE:HAL) and Trane Technologies plc (NYSE:TT) are two of the day's stand-outs, showing a gain of 2.4% and 2.1%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is up 0.8% on the day, and up 8.59% year-to-date. Halliburton Company, meanwhile, is up 3.96% year-to-date, and Trane Technologies plc is up 20.05% year-to-date. HAL makes up approximately 2.1% of the underlying holdings of XLE.

The next best performing sector is the Industrial sector, losing just 0.6%. Among large Industrial stocks, RTX Corp (NYSE:RTX) and W.W. Grainger Inc. (NYSE:GWW) are the most notable, showing a gain of 1.8% and 1.7%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 0.4% in midday trading, and up 7.05% on a year-to-date basis. RTX Corp, meanwhile, is up 10.27% year-to-date, and W.W. Grainger Inc. is up 19.88% year-to-date. Combined, RTX and GWW make up approximately 4.7% of the underlying holdings of XLI.

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:

Dividend Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, one sector is up on the day, while eight sectors are down.

Sector% Change
Energy+0.5%
Industrial-0.6%
Materials-0.9%
Services-1.0%
Technology & Communications-1.0%
Healthcare-1.1%
Consumer Products-1.2%
Utilities-1.4%
Financial-1.5%


This Article's Word Cloud:   Among   Buying   Change   Combined   Communications   Company   Comparing   Consumer   Corp   ETFs   Energy   Financial   Grainger   Halliburton   Healthcare   Here   Industrial   Insiders   Materials   NYSE   Products   SPDR   Sector   Select   Services   Start   Stocks   Technologies   Technology   Thursday   Trane   afternoon   approximately   basis   best   date   down   gain   holdings   meanwhile   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   year

Thursday Sector Leaders: Energy, Industrial | www.MetalsChannel.com

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