Friday’s regular session has two sectors higher and nine lower, with growth and cyclical sectors split across the top three positions. The leaders are separated rather than clustered, with Technology and Industrials above the rest of the table.
| Sector | Ticker | Price | Change |
|---|---|---|---|
| Technology | XLK | 196.30 | +0.81% |
| Industrials | XLI | 169.58 | +0.44% |
| Materials | XLB | 49.65 | -0.08% |
| Financials | XLF | 54.46 | -0.13% |
| Health Care | XLV | 169.53 | -0.21% |
| Consumer Staples | XLP | 81.53 | -0.22% |
| Consumer Discretionary | XLY | 110.01 | -0.29% |
| Utilities | XLU | 39.24 | -0.30% |
| Real Estate | XLRE | 41.48 | -0.41% |
| Energy | XLE | 62.03 | -0.91% |
| Communication Services | XLC | 112.78 | -1.07% |
Market Snapshot
The major averages are mixed, with the State Street SPDR S&P 500 ETF Trust (NYSE:SPY) up 0.09% and the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) 0.05%, while the State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is up 0.29% and the iShares Russell 2000 Index Fund (NYSE:IWM) is down 0.28%. 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) +0.81%
Among the sector’s large-cap names, Microsoft Corp (NASDAQ:MSFT) is up 3.28% and Apple Inc (NASDAQ:AAPL) 0.28%, while Broadcom Inc (NASDAQ:AVGO) is down 0.01%.
Industrial Select Sector SPDR Fund (NYSE:XLI) +0.44%
Among the sector’s large-cap names, GE Aerospace (NYSE:GE) is up 1.24%, Caterpillar Inc (NYSE:CAT) 0.86% and Honeywell International Inc (NASDAQ:HON) 0.03%.
Materials Select Sector SPDR Fund (NYSE:XLB) -0.08%
Middle Of The Pack
- Financial Select Sector SPDR Fund (NYSE:XLF) -0.13%
- Health Care Select Sector SPDR Fund (NYSE:XLV) -0.21%
- Consumer Staples Select Sector SPDR Fund (NYSE:XLP) -0.22%
- Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) -0.29%
- Utilities Select Sector SPDR Fund (NYSE:XLU) -0.30%
Lagging Sectors
Real Estate Select Sector SPDR Fund (NYSE:XLRE) -0.41%
Among the sector’s large-cap names, Equinix Inc (NASDAQ:EQIX) is down 0.46%, Prologis Inc (NYSE:PLD) 0.40% and Simon Property Group Inc (NYSE:SPG) 0.14%.
Energy Select Sector SPDR Fund (NYSE:XLE) -0.91%
Among the sector’s large-cap names, EOG Resources Inc (NYSE:EOG) is down 1.16%, ConocoPhillips (NYSE:COP) 1.06% and ExxonMobil Holdings Corp (NYSE:XOM) 0.77%.
Communication Services Select Sector SPDR Fund (NYSE:XLC) -1.07%
Among the sector’s large-cap names, Meta Platforms Inc (NASDAQ:META) is down 3.66%, Netflix Inc (NASDAQ:NFLX) 0.72% and The Walt Disney Co (NYSE:DIS) 0.51%.
Cross-Sector Takeaway
The 1.88-point spread between Technology and Communication Services is more than four times the largest move among the major averages, which range from down 0.28% to up 0.29%. The mixed major averages mask a session where leadership is concentrated in Technology and Industrials. Defensives are not keeping pace — Utilities sits third from the bottom and Real Estate is down 0.41% — so the advance is concentrated rather than broad.
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