All 11 sectors are higher in Monday’s regular session, with growth sectors holding two of the top three positions. 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 |
|---|---|---|---|
| Technology | XLK | 170.79 | +3.67% |
| Industrials | XLI | 168.12 | +3.34% |
| Consumer Discretionary | XLY | 120.97 | +2.88% |
| Communication Services | XLC | 107.27 | +2.36% |
| Materials | XLB | 52.82 | +1.67% |
| Real Estate | XLRE | 44.70 | +1.59% |
| Utilities | XLU | 43.67 | +1.25% |
| Financials | XLF | 57.80 | +1.11% |
| Health Care | XLV | 186.63 | +0.99% |
| Energy | XLE | 61.92 | +0.48% |
| Consumer Staples | XLP | 90.15 | +0.07% |
Prices as of 11:00 a.m. ET; quotes delayed 15 minutes.
Market Snapshot
The major averages are all higher. The State Street SPDR S&P 500 ETF Trust (NYSE:SPY) is up 2.22% and the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) 3.37%, while the State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is up 1.78% and the iShares Russell 2000 Index Fund (NYSE:IWM) 2.58%. Four of the 11 sectors outpace 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
Technology Select Sector SPDR Fund (NYSE:XLK) +3.67%
Among the sector’s large-cap names, Broadcom Inc (NASDAQ:AVGO) is up 8.98%, Oracle Corp (NYSE:ORCL) 3.12% and Apple Inc (NASDAQ:AAPL) 2.53%.
Industrial Select Sector SPDR Fund (NYSE:XLI) +3.34%
Among the sector’s large-cap names, Caterpillar Inc (NYSE:CAT) is up 6.18%, Honeywell International Inc (NASDAQ:HON) 3.89% and GE Aerospace (NYSE:GE) 2.59%.
Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) +2.88%
Among the sector’s large-cap names, Tesla Inc (NASDAQ:TSLA) is up 6.05%, Amazon.com Inc (NASDAQ:AMZN) 3.89% and Nike Inc (NYSE:NKE) 2.82%.
Middle Of The Pack
- Communication Services Select Sector SPDR Fund (NYSE:XLC) +2.36%
- Materials Select Sector SPDR Fund (NYSE:XLB) +1.67%
- Real Estate Select Sector SPDR Fund (NYSE:XLRE) +1.59%
- Utilities Select Sector SPDR Fund (NYSE:XLU) +1.25%
- Financial Select Sector SPDR Fund (NYSE:XLF) +1.11%
Lagging Sectors
Health Care Select Sector SPDR Fund (NYSE:XLV) +0.99%
Higher so far but the weakest of the advancing sectors. Among the sector’s large-cap names, Eli Lilly and Co (NYSE:LLY) is up 3.18%, Johnson & Johnson (NYSE:JNJ) 0.84% and Merck & Co Inc (NYSE:MRK) 0.42%.
Energy Select Sector SPDR Fund (NYSE:XLE) +0.48%
Higher so far but the weakest of the advancing sectors. Among the sector’s large-cap names, SLB Ltd (NYSE:SLB) is up 1.66%, EOG Resources Inc (NYSE:EOG) 0.27%, while ConocoPhillips (NYSE:COP) is down 0.46%.
Consumer Staples Select Sector SPDR Fund (NYSE:XLP) +0.07%
Higher so far but the weakest of the advancing sectors. Among the sector’s large-cap names, PepsiCo Inc (NASDAQ:PEP) is up 0.86%, Procter & Gamble Co (NYSE:PG) 0.71%, while Coca-Cola Co (NYSE:KO) is down 0.16%.
Cross-Sector Takeaway
The 3.60-point spread between Technology and Consumer Staples is about the same as the largest move among the major averages, which are up between 1.78% and 3.37%. Those broad index gains mask a session where leadership is concentrated in Technology, Industrials and Consumer Discretionary. Defensives are not keeping pace — Consumer Staples sits at the bottom of the table and Real Estate ranks sixth — so the advance is concentrated rather than broad.
