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.

See also  Arm Holdings Stock Takes a Hit Following iPhone 16 Sales Reports
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%

25 Dividend Giants Widely Held By ETFs »

Also see:

• Analyst Least Favorites
• Top Ten Hedge Funds Holding IHYV
• Institutional Holders of THY