The Technology & Communications sector is up by 1.0%, with Coinbase Global Inc (COIN) and International Business Machines Corp (IBM) leading with gains of 8.7% and 7.5%. The Technology Select Sector SPDR ETF (XLK) is up 1.7% and 26.90% year-to-date, with COIN and IBM up 41.29% and 41.65% year-to-date, respectively.

In the Utilities sector, Constellation Energy Corp (CEG) and Vistra Corp (VST) are up by 5.8% and 4.2%. The Utilities Select Sector SPDR ETF (XLU) is up by 1.1% and 22.83% year-to-date, with CEG up 73.49% and VST up 45.10% year-to-date. CEG and VST make up 13.1% of the XLU holdings.

The S&P 500 components show positive movement in seven sectors, led by Technology & Communications with a 1.0% increase, followed by Utilities at 0.7%. Financial, Industrial, and Healthcare sectors also show gains, while Energy is down by 0.9%.

Read more at Nasdaq: Friday Sector Leaders: Technology & Communications, Utilities