Eight sectors are higher and three are lower in Monday’s regular session, with growth, cyclical and defensive sectors split across the top three positions. The leaders are separated rather than clustered.
| Sector | Ticker | Price | Change |
|---|---|---|---|
| Communication Services | XLC | 111.33 | +0.91% |
| Energy | XLE | 63.32 | +0.79% |
| Utilities | XLU | 40.08 | +0.61% |
| Materials | XLB | 49.10 | +0.50% |
| Technology | XLK | 200.75 | +0.47% |
| Financials | XLF | 53.65 | +0.29% |
| Consumer Discretionary | XLY | 110.18 | +0.12% |
| Industrials | XLI | 170.11 | +0.09% |
| Consumer Staples | XLP | 80.50 | -0.04% |
| Real Estate | XLRE | 40.76 | -0.14% |
| Health Care | XLV | 165.94 | -0.15% |
Market Snapshot
The major averages are mixed, with the State Street SPDR S&P 500 ETF Trust (NYSE:SPY) up 0.35% and the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) 0.45%, while the State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is down 0.18% and the iShares Russell 2000 Index Fund (NYSE:IWM) is up 0.11%. Five of the eleven sectors outpace the S&P 500.
Leading Sectors
Communication Services Select Sector SPDR Fund (NYSE:XLC) +0.91%
Among the sector’s large-cap names, Meta Platforms Inc (NASDAQ:META) is up 2.08%, The Walt Disney Co (NYSE:DIS) 0.25% and Alphabet Inc (NASDAQ:GOOGL) 0.24%.
Energy Select Sector SPDR Fund (NYSE:XLE) +0.79%
Among the sector’s large-cap names, SLB Ltd (NYSE:SLB) is up 2.36%, EOG Resources Inc (NYSE:EOG) 0.91% and ConocoPhillips (NYSE:COP) 0.31%.
Utilities Select Sector SPDR Fund (NYSE:XLU) +0.61%
Among the sector’s large-cap names, Southern Co (NYSE:SO) is up 0.62%, American Electric Power Co Inc (NASDAQ:AEP) 0.50% and NextEra Energy Inc (NYSE:NEE) 0.08%.
Middle Of The Pack
- Materials Select Sector SPDR Fund (NYSE:XLB) +0.50%
- Technology Select Sector SPDR Fund (NYSE:XLK) +0.47%
- Financial Select Sector SPDR Fund (NYSE:XLF) +0.29%
- Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) +0.12%
- Industrial Select Sector SPDR Fund (NYSE:XLI) +0.09%
Lagging Sectors
Consumer Staples Select Sector SPDR Fund (NYSE:XLP) -0.04%
Among the sector’s large-cap names, PepsiCo Inc (NASDAQ:PEP) is down 1.06%, while Walmart Inc (NASDAQ:WMT) is up 0.04% and Costco Wholesale Corp (NASDAQ:COST) 0.09%.
Real Estate Select Sector SPDR Fund (NYSE:XLRE) -0.14%
Among the sector’s large-cap names, Equinix Inc (NASDAQ:EQIX) is down 0.28%, Public Storage (NYSE:PSA) 0.14% and Prologis Inc (NYSE:PLD) 0.03%.
Health Care Select Sector SPDR Fund (NYSE:XLV) -0.15%
Among the sector’s large-cap names, Merck & Co Inc (NYSE:MRK) is down 3.19%, Johnson & Johnson (NYSE:JNJ) 0.83% and UnitedHealth Group Inc (NYSE:UNH) 0.47%.
Cross-Sector Takeaway
The 1.06-point spread between Communication Services and Health Care is more than twice the largest move among the major averages, which range from down 0.18% to up 0.45%. The mixed major averages mask a session where sectors are moving largely in line with one another and with the broader market.
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