Monday Sector Laggards: Energy, Technology & Communications – Nasdaq

Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 0.9% loss. Within the sector, Chesapeake Energy Corp. (Symbol: CHK) and Newfield Exploration Co (Symbol: NFX) are two large stocks that are lagging, showing a loss of 4.7% and 3.1%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.7% on the day, and down 16.72% year-to-date. Chesapeake Energy Corp., meanwhile, is down 46.23% year-to-date, and Newfield Exploration Co, is down 39.46% year-to-date. Combined, CHK and NFX make up approximately 0.9% of the underlying holdings of XLE.

The next worst performing sector is the Technology & Communications sector, showing a 0.3% loss. Among large Technology & Communications stocks, Advanced Micro Devices, Inc. (Symbol: AMD) and Micron Technology Inc. (Symbol: MU) are the most notable, showing a loss of 3.4% and 2.5%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF ( XLK ), which is down 0.2% in midday trading, and up 18.71% on a year-to-date basis. Advanced Micro Devices, Inc., meanwhile, is up 5.34% year-to-date, and Micron Technology Inc. is up 35.15% year-to-date. Combined, AMD and MU make up approximately 0.8% of the underlying holdings of XLK.

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Monday Sector Laggards: Energy, Technology & Communications - Nasdaq

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