Services and Technology & Communications sectors are lagging, with several key stocks experiencing losses.
From Nasdaq: 2025-01-07 14:58:27
In afternoon trading, Services stocks are the worst performing sector, with Warner Bros Discovery Inc (WBD) and Las Vegas Sands Corp (LVS) lagging at 2.9% and 2.6% loss, respectively. The iShares U.S. Consumer Services ETF (IYC) is down 1.2% and up 0.16% year-to-date, with WBD down 0.56% and LVS down 3.42%.
The Technology & Communications sector follows, showing a 0.5% loss, with Palantir Technologies Inc (PLTR) and NVIDIA Corp (NVDA) down 6.7% and 4.8%. The Technology Select Sector SPDR ETF (XLK) is down 1.4% and up 1.19% year-to-date, with PLTR down 6.37% and NVDA up 5.92%.
S&P 500 components in various sectors show Energy up 1.4%, Healthcare up 0.9%, and Services down 0.7%. Technology & Communications is down 0.5%. For insights on ETFs and stock performance, check out related articles and resources.
Read more at Nasdaq: Tuesday Sector Laggards: Services, Technology & Communications
