Top Performers in Industrial and Energy Sectors on Friday

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In afternoon trading on Friday, Industrial stocks are the best performing sector, higher by 0.2%. Within that group, United Rentals Inc (Symbol: URI) and W.W. Grainger Inc. (Symbol: GWW) are two large stocks leading the way, showing a gain of 2.3% and 2.1%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is up 0.5% on the day, and up 8.11% year-to-date. United Rentals Inc, meanwhile, is up 13.01% year-to-date, and W.W. Grainger Inc. is up 8.79% year-to-date. Combined, URI and GWW make up approximately 2.2% of the underlying holdings of XLI.

The next best performing sector is the Energy sector, up 0.2%. Among large Energy stocks, Schlumberger Ltd (Symbol: SLB) and Halliburton Company (Symbol: HAL) are the most notable, showing a gain of 2.4% and 1.3%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.2% in midday trading, and up 8.84% on a year-to-date basis. Schlumberger Ltd, meanwhile, is down 13.07% year-to-date, and Halliburton Company, is down 4.32% year-to-date. Combined, SLB and HAL make up approximately 5.8% of the underlying holdings of XLE.

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:

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

Sector % Change
Industrial +0.2%
Energy +0.2%
Financial +0.1%
Consumer Products -0.1%
Healthcare -0.1%
Technology & Communications -0.1%
Services -0.3%
Utilities -0.6%
Materials -0.7%

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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