Nine of 11 sectors are higher in Friday’s regular session, with the top three split across defensive, growth and cyclical groups. The leaders are separated rather than clustered, with no single gap clearly standing apart from the other breaks across the table.
| Sector | Ticker | Price | Change |
|---|---|---|---|
| Real Estate | XLRE | 41.33 | +1.18% |
| Consumer Discretionary | XLY | 112.70 | +0.89% |
| Energy | XLE | 65.69 | +0.70% |
| Health Care | XLV | 169.20 | +0.62% |
| Financials | XLF | 54.54 | +0.57% |
| Materials | XLB | 49.48 | +0.43% |
| Industrials | XLI | 169.08 | +0.40% |
| Technology | XLK | 198.47 | +0.35% |
| Utilities | XLU | 41.14 | +0.17% |
| Consumer Staples | XLP | 83.25 | -0.20% |
| Communication Services | XLC | 111.33 | -0.66% |
Prices as of 11:00 a.m. ET; quotes delayed 15 minutes.
Market Snapshot
The major averages are all higher, with the State Street SPDR S&P 500 ETF Trust (NYSE:SPY) up 0.44% and the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) 0.40%, while the State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is up 0.44% and the iShares Russell 2000 Index Fund (NYSE:IWM) 0.25%. Five of the 11 sectors are outpacing the S&P 500. Sectors below are ranked against one another rather than grouped by direction, so a sector can be higher and still rank among the day’s laggards.
Leading Sectors
Real Estate Select Sector SPDR Fund (NYSE:XLRE) +1.18%
Among the sector’s large-cap names, American Tower Corp (NYSE:AMT) is up 7.32%, Equinix Inc (NASDAQ:EQIX) 1.07% and Public Storage (NYSE:PSA) 0.65%.
Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) +0.89%
Among the sector’s large-cap names, Tesla Inc (NASDAQ:TSLA) is up 3.21%, Amazon.com Inc (NASDAQ:AMZN) 2.55% and Nike Inc (NYSE:NKE) 0.42%.
Energy Select Sector SPDR Fund (NYSE:XLE) +0.70%
Among the sector’s large-cap names, ConocoPhillips (NYSE:COP) is up 0.80%, Chevron Corp (NYSE:CVX) 0.79% and ExxonMobil Holdings Corp (NYSE:XOM) 0.69%.
Middle Of The Pack
- Health Care Select Sector SPDR Fund (NYSE:XLV) +0.62%
- Financial Select Sector SPDR Fund (NYSE:XLF) +0.57%
- Materials Select Sector SPDR Fund (NYSE:XLB) +0.43%
- Industrial Select Sector SPDR Fund (NYSE:XLI) +0.40%
- Technology Select Sector SPDR Fund (NYSE:XLK) +0.35%
Lagging Sectors
Utilities Select Sector SPDR Fund (NYSE:XLU) +0.17%
Higher so far but the weakest of the advancing sectors. Among the sector’s large-cap names, American Electric Power Co Inc (NASDAQ:AEP) is up 0.02%, while NextEra Energy Inc (NYSE:NEE) is down 0.04% and Dominion Energy Inc (NYSE:D) 0.11%.
Consumer Staples Select Sector SPDR Fund (NYSE:XLP) -0.20%
Among the sector’s large-cap names, PepsiCo Inc (NASDAQ:PEP) is down 1.83% and Costco Wholesale Corp (NASDAQ:COST) 0.25%, while Walmart Inc (NASDAQ:WMT) is up 0.20%.
Communication Services Select Sector SPDR Fund (NYSE:XLC) -0.66%
Among the sector’s large-cap names, Netflix Inc (NASDAQ:NFLX) is down 0.54%, while Meta Platforms Inc (NASDAQ:META) is up 0.35% and The Walt Disney Co (NYSE:DIS) 0.73%.
Cross-Sector Takeaway
The 1.84-point spread between Real Estate and Communication Services is more than three times the largest move among the major averages, which are up between 0.25% and 0.44%. The major averages are higher, masking a session where leadership is concentrated in Real Estate, Consumer Discretionary and Energy. Defensives are split, with Real Estate near the top of the table and Utilities near the bottom.
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