The Financial sector is the worst performer, with a 1.7% loss. Wells Fargo & Co (WFC) and State Street Corp. (STT) are down 6.5% and 6.1% respectively. The Financial Select Sector SPDR ETF (XLF) is down 1.4% but up 7.94% year-to-date. In the Materials sector, Newmont Corp (NEM) and Freeport-McMoran Copper & Gold (FCX) are down 6.8% and 3.6%. The Materials Select Sector SPDR ETF (XLB) is down 1.8% but up 7.22% year-to-date. The S&P 500 components show only Technology & Communications up 0.3%, while eight sectors are down, including Financial and Materials.

Source: https://www.etfchannel.com/

Read more at Nasdaq: Tuesday Sector Laggards: Financial, Materials