Seven sectors are higher and four are lower in Monday’s regular session, with growth sectors holding two of the top three positions alongside Industrials. The leaders are separated rather than clustered.
| Sector | Ticker | Price | Change |
|---|---|---|---|
| Technology | XLK | 186.42 | +1.74% |
| Consumer Discretionary | XLY | 114.91 | +1.60% |
| Industrials | XLI | 166.83 | +1.34% |
| Real Estate | XLRE | 42.85 | +0.65% |
| Financials | XLF | 56.19 | +0.51% |
| Materials | XLB | 51.45 | +0.27% |
| Health Care | XLV | 179.60 | +0.17% |
| Energy | XLE | 69.30 | -0.05% |
| Utilities | XLU | 42.53 | -0.08% |
| Consumer Staples | XLP | 88.02 | -0.28% |
| Communication Services | XLC | 105.05 | -0.44% |
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 0.92% and the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) 1.36%, while the State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is up 0.50% and the iShares Russell 2000 Index Fund (NYSE:IWM) 0.87%. Three of the eleven sectors are outpacing the S&P 500.
Leading Sectors
Technology Select Sector SPDR Fund (NYSE:XLK) +1.74%
Among the sector’s large-cap names, NVIDIA Corp (NASDAQ:NVDA) is up 2.90%, Broadcom Inc (NASDAQ:AVGO) 2.56% and Oracle Corp (NYSE:ORCL) 1.17%.
Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) +1.60%
Among the sector’s large-cap names, Tesla Inc (NASDAQ:TSLA) is up 6.38%, Nike Inc (NYSE:NKE) 1.09% and Amazon.com Inc (NASDAQ:AMZN) 0.88%.
Industrial Select Sector SPDR Fund (NYSE:XLI) +1.34%
Among the sector’s large-cap names, RTX Corp (NYSE:RTX) is up 2.08%, GE Aerospace (NYSE:GE) 1.05% and Caterpillar Inc (NYSE:CAT) 0.90%.
Middle Of The Pack
- Real Estate Select Sector SPDR Fund (NYSE:XLRE) +0.65%
- Financial Select Sector SPDR Fund (NYSE:XLF) +0.51%
- Materials Select Sector SPDR Fund (NYSE:XLB) +0.27%
- Health Care Select Sector SPDR Fund (NYSE:XLV) +0.17%
- Energy Select Sector SPDR Fund (NYSE:XLE) -0.05%
Lagging Sectors
Utilities Select Sector SPDR Fund (NYSE:XLU) -0.08%
Among the sector’s large-cap names, Southern Co (NYSE:SO) is down 0.57%, Duke Energy Corp (NYSE:DUK) 0.54% and American Electric Power Co Inc (NASDAQ:AEP) 0.12%.
Consumer Staples Select Sector SPDR Fund (NYSE:XLP) -0.28%
Among the sector’s large-cap names, Coca-Cola Co (NYSE:KO) is down 0.63% and Procter & Gamble Co (NYSE:PG) 0.58%, while Costco Wholesale Corp (NASDAQ:COST) is up 0.21%.
Communication Services Select Sector SPDR Fund (NYSE:XLC) -0.44%
Among the sector’s large-cap names, Netflix Inc (NASDAQ:NFLX) is down 1.67% and The Walt Disney Co (NYSE:DIS) 1.07%, while Alphabet Inc (NASDAQ:GOOG) is up 0.12%.
Cross-Sector Takeaway
The 2.18-point spread between Technology and Communication Services is around half again as large as the biggest move among the major averages, which are up between 0.50% and 1.36%. Those gains mask a session where leadership is concentrated in Technology, Consumer Discretionary and Industrials. Defensives are not keeping pace — Utilities sits third from the bottom and Consumer Staples is second from the bottom — so the advance is concentrated rather than broad.
For more information on sector movers, visit Benzinga’s movers page. Get real-time market alerts with Benzinga Pro.
