Monday Sector Leaders: Consumer Products, Services

JJ Bounty

The best performing sector as of midday Monday is the Consumer Products sector, up 1.1%. Within that group, Tesla Inc (Symbol: TSLA) and Constellation Brands Inc (Symbol: STZ) are two of the day’s stand-outs, showing a gain of 6.0% and 3.8%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is up 1.0% on the day, and up 4.72% year-to-date. Tesla Inc, meanwhile, is down 24.08% year-to-date, and Constellation Brands Inc is up 9.67% year-to-date. STZ makes up approximately 1.9% of the underlying holdings of IYK.

The next best performing sector is the Services sector, up 1.0%. Among large Services stocks, Best Buy Inc (Symbol: BBY) and Kenvue Inc (Symbol: KVUE) are the most notable, showing a gain of 4.4% and 3.7%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 1.4% in midday trading, and up 7.25% on a year-to-date basis. Best Buy Inc, meanwhile, is up 17.53% year-to-date, and Kenvue Inc, is down 11.08% year-to-date. BBY makes up approximately 0.3% of the underlying holdings of IYC.

Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:

RediNews

Here’s a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, seven sectors are up on the day, while two sectors are down.

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Sector% Change
Consumer Products+1.1%
Services+1.0%
Industrial+0.9%
Energy+0.8%
Technology & Communications+0.7%
Materials+0.5%
Financial+0.3%
Healthcare-0.1%
Utilities-0.5%

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