Healthcare and Consumer Products sectors are leading the market with notable gains
From NASDAQ: 2024-10-24 14:32:18
Healthcare companies are leading the market, with shares up 0.5%. Molina Healthcare Inc and West Pharmaceutical Services, Inc. are showing gains of 19.6% and 17.3%, respectively. In the Consumer Products sector, Tesla Inc and Pool Corp are notable performers, with gains of 20.8% and 7.5%. The S&P 500 shows five sectors up, four down.
Among healthcare ETFs, the Health Care Select Sector SPDR ETF is down 0.4% on the day but up 11.08% year-to-date. In comparison, Molina Healthcare Inc is down 9.00% year-to-date, and West Pharmaceutical Services, Inc., is down 4.41% year-to-date. The Consumer Products sector is up 0.3%, with Tesla Inc up 3.88% year-to-date and Pool Corp down 4.54% year-to-date.
In afternoon trading, the S&P 500 components in different sectors show five sectors up and four down. Healthcare, Consumer Products, Financial, Technology & Communications, and Services are up, while Industrial, Energy, Utilities, and Materials are down. Check out ETFs with stocks insiders are buying for investment opportunities.
Read more at NASDAQ: Thursday Sector Leaders: Healthcare, Consumer Products