Consumer Products and Industrial sectors are performing poorly, with several companies showing losses

From Nasdaq: 2024-12-03 14:31:43

Consumer Products stocks are the worst performing sector, with Colgate-Palmolive Co. and Tesla Inc showing losses. The iShares U.S. Consumer Goods ETF is down 0.6% on the day. In the Industrial sector, FedEx Corp and Norwegian Cruise Line Holdings Ltd are notable losers. The Industrial Select Sector SPDR ETF is down 0.7%.
Comparing stocks and ETFs on a trailing twelve month basis shows relative stock price performance. Two sectors are up on the day, while seven are down. Energy and Utilities are up, while Consumer Products and Industrial sectors are down. The S&P 500 components within these sectors are showing mixed performances in afternoon trading.
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Read more at Nasdaq: Tuesday Sector Laggards: Consumer Products, Industrial