From Nasdaq: 2024-05-09 14:35:03

The Technology & Communications sector is the worst performer, with a 0.4% loss. Epam Systems, Inc. (EPAM) and Airbnb Inc (ABNB) are down 25.8% and 6.9% respectively. XLK ETF, following the sector, is down 0.1% for the day but up 6.47% year-to-date. EPAM is down 37.83% YTD, while ABNB is up 8%.

Consumer Products sector is up 0.5% with Tesla Inc (TSLA) and McCormick & Co Inc (MKC) down 1.4% and 1.1% respectively. IYK ETF is up 0.5% for the day and 5.96% YTD. TSLA is down 30.65% YTD, MKC is up 9.81%. MKC constitutes 0.9% of IYK holdings.

Eight sectors are up, while Technology & Communications sector is down 0.4%. Sector performances in afternoon trading on Thursday: Utilities +1.1%, Services +1.0%, Healthcare +1.0%, Materials +0.8%, Energy +0.8%, Financial +0.6%, Consumer Products +0.5%, Industrial +0.5%, Technology & Communications -0.4%.



Read more at Nasdaq: Thursday Sector Laggards: Technology & Communications, Consumer Products