Tuesday Sector Leaders: Technology & Communications, Utilities

From Nasdaq: 2024-11-19 14:39:15

In midday trading, Technology & Communications stocks are up by 0.6%, led by Super Micro Computer Inc (SMCI) and NVIDIA Corp (NVDA) with gains of 32.4% and 3.8% respectively. The Technology Select Sector SPDR ETF (XLK) is up 0.8% and 20.81% year-to-date, with SMCI and NVDA making up 14.9% of XLK.

The Utilities sector is up by 0.2%, with Vistra Corp (VST) and Edison International (EIX) leading at 2.1% and 1.5% gains. The Utilities Select Sector SPDR ETF (XLU) is up by 0.3% and 29.12% year-to-date, with VST and EIX making up 6.8% of XLU.

Technology & Communications are the best performing sectors, followed by Utilities. Among S&P 500 components, two sectors are up while six are down on Tuesday. Visit ETFChannel.com for more information on dividend giants and insider buying trends.



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