Three sectors are higher and eight are lower in Monday’s regular session, with defensive and cyclical sectors split across the top three positions. The leaders are separated rather than clustered.
| Sector | Ticker | Price | Change |
|---|---|---|---|
| Energy | XLE | 62.44 | +0.63% |
| Consumer Staples | XLP | 82.35 | +0.35% |
| Health Care | XLV | 170.89 | +0.11% |
| Real Estate | XLRE | 41.38 | -0.44% |
| Utilities | XLU | 39.23 | -0.70% |
| Materials | XLB | 49.44 | -0.73% |
| Financials | XLF | 54.33 | -0.93% |
| Industrials | XLI | 168.83 | -0.94% |
| Consumer Discretionary | XLY | 109.25 | -1.19% |
| Communication Services | XLC | 111.35 | -1.43% |
| Technology | XLK | 193.11 | -1.62% |
Market Snapshot
The major averages are lower, with the State Street SPDR S&P 500 ETF Trust (NYSE:SPY) down 0.81% and the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) 1.53%, while the State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is down 0.57% and the iShares Russell 2000 Index Fund (NYSE:IWM) 0.84%. Five of the eleven sectors outpace the S&P 500.
Leading Sectors
Energy Select Sector SPDR Fund (NYSE:XLE) +0.63%
Among the sector’s large-cap names, Chevron Corp (NYSE:CVX) is up 1.43%, ExxonMobil Holdings Corp (NYSE:XOM) 1.27% and EOG Resources Inc (NYSE:EOG) 0.49%.
Consumer Staples Select Sector SPDR Fund (NYSE:XLP) +0.35%
Among the sector’s large-cap names, Procter & Gamble Co (NYSE:PG) is up 1.43%, Walmart Inc (NASDAQ:WMT) 1.02% and Costco Wholesale Corp (NASDAQ:COST) 0.70%.
Health Care Select Sector SPDR Fund (NYSE:XLV) +0.11%
Among the sector’s large-cap names, AbbVie Inc (NYSE:ABBV) is up 0.74%, Eli Lilly and Co (NYSE:LLY) 0.51% and Johnson & Johnson (NYSE:JNJ) 0.39%.
Middle Of The Pack
- Real Estate Select Sector SPDR Fund (NYSE:XLRE) -0.44%
- Utilities Select Sector SPDR Fund (NYSE:XLU) -0.70%
- Materials Select Sector SPDR Fund (NYSE:XLB) -0.73%
- Financial Select Sector SPDR Fund (NYSE:XLF) -0.93%
- Industrial Select Sector SPDR Fund (NYSE:XLI) -0.94%
Lagging Sectors
Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) -1.19%
Among the sector’s large-cap names, Tesla Inc (NASDAQ:TSLA) is down 3.41%, Amazon.com Inc (NASDAQ:AMZN) 1.36% and McDonald’s Corp (NYSE:MCD) 0.25%.
Communication Services Select Sector SPDR Fund (NYSE:XLC) -1.43%
Among the sector’s large-cap names, Meta Platforms Inc (NASDAQ:META) is down 4.37%, Netflix Inc (NASDAQ:NFLX) 1.83% and Alphabet Inc (NASDAQ:GOOG) 1.01%.
Technology Select Sector SPDR Fund (NYSE:XLK) -1.62%
Among the sector’s large-cap names, Oracle Corp (NYSE:ORCL) is down 3.34%, Microsoft Corp (NASDAQ:MSFT) 1.93% and Broadcom Inc (NASDAQ:AVGO) 1.18%.
Cross-Sector Takeaway
The 2.25-point spread between Energy and Technology is around half again as large as the biggest move among the major averages, which are down between 0.57% and 1.53%. The major averages are lower, masking a session where leadership is concentrated in Energy, Consumer Staples and Health Care. Defensives are holding up better — Consumer Staples and Health Care rank second and third, while Real Estate ranks fourth — which gives the session a rotational look.
For more information on sector movers, visit Benzinga’s movers page. Get real-time market alerts with Benzinga Pro.
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