The Technology & Communications sector is the worst performing, with a 1.6% loss. Stocks like Applied Materials, Inc. (AMAT) and Adobe Inc (ADBE) are down 8.7% and 4.9% respectively. The Technology Select Sector SPDR ETF (XLK) is down 2.5% on the day but up 19.39% year-to-date. In the Services sector, Omnicom Group, Inc. (OMC) and Warner Bros Discovery Inc (WBD) are down 7.4% and 7.3% respectively. The iShares U.S. Consumer Services ETF (IYC) is down 1.1% but up 23.70% year-to-date.

On a trailing twelve month basis, S&P 500 components in various sectors are fluctuating, with some sectors up and others down.

Read more at Nasdaq.: Friday Sector Laggards: Technology & Communications, Services