Shares of Technology & Communications companies are leading the market, with Hewlett Packard Enterprise Co and Seagate Technology Holdings PLC showing gains of 12.7% and 5.8% respectively. The Technology Select Sector SPDR ETF is up 2.0% for the day and 12.09% year-to-date, with HPE and STX making up 0.5% of its holdings.
The Industrial sector is also performing well, with Lam Research Corp and Norwegian Cruise Line Holdings Ltd showing gains of 4.9% and 3.2% respectively. The Industrial Select Sector SPDR ETF is up 0.7% for the day and 7.86% year-to-date, with LRCX up 23.79% and NCLH down 8.01% year-to-date.
Five sectors are up on the day, including Technology & Communications and Industrial, while three sectors are down. Healthcare is up 0.7%, Materials up 0.3%, and Services up 0.2%. Financials are down 0.1%, Consumer Products down 0.3%, and Utilities down 0.4%.
Check out the latest ETFs with stocks insiders are buying, as well as Communications Services Dividend Stocks, Top Ten Hedge Funds Holding SATO, and Institutional Holders of MA for more insights into market trends.
Read more at Nasdaq: Wednesday Sector Leaders: Technology & Communications, Industrial
