Technology and Telecom Stocks Lead U.S Stock Market Rise - U.S Daily Sector Wrap

Stocks rose 0.8% today led by the 1.9% gain in Technology stocks and the 1.0% gain in Telecom, while Energy stocks performed worst with a 1.1% decline

Mar 22, 2021 by Kwhen Finance Editors

Technology and Telecom Stocks Lead U.S Stock Market Rise - U.S Daily Sector Wrap

U.S. stocks rose by 0.8% today fueled by a 1.9% increase in technology stocks and a 1.0% increase in telecom stocks. Technology stocks are currently up 1.1% year-to-date, and up 90.3% over the past 12 months. Telecom stocks are currently up 6.4% year-to-date, and up 37.8% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 4.5% year-to-date, and up 72.2% over the past 12 months. The Dow Jones Industrial Average is currently up 7.1% year-to-date, and up 73.3% over the past 12 months.

Sector Performance

  • The S&P 500 Index rose with a 0.8% gain.
  • Technology stocks rose the most with a 1.9% gain.
  • Energy stocks fell the most with a 1.1% decline.
  • Others sectors that gained include Telecom, Real Estate and Health Care, which rose by an average of 0.9%.
  • Others sectors that declined include Utilities and Materials, which fell by an average of -0.1%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+0.79%+4.5%+72.2%+40.6%+107.7%
Gainers
TechnologyIYW+1.9%+1.1%+90.3%+78.7%+234.7%
TelecomIYZ+1.0%+6.4%+37.8%+8.0%+11.0%
Real EstateIYR+0.89%+5.1%+51.3%+9.3%+38.9%
Health CareIYH+0.87%+1.5%+51.4%+30.3%+91.2%
Consumer DiscretionaryXLY+0.50%+3.5%+91.7%+49.2%+127.0%
IndustrialsIYJ+0.096%+6.9%-5.0%-31.4%-1.1%
FinancialsIYF0.0%+11.9%+73.7%+29.3%+91.0%
Consumer StaplesXLP0.0%-1.6%+35.4%+26.5%+43.6%
Losers
EnergyIYE-1.1%+30.2%+101.3%-23.4%-14.3%
UtilitiesIDU-0.14%-0.4%+32.8%+9.9%+45.4%
MaterialsIYM-0.080%+9.9%+103.0%+38.6%+82.7%

Relative Sector Performance

  • Relative to the S&P 500 Index, Technology sector stocks outperformed the most by +1.2%. Telecom sector stocks were the next best performers with a relative outperformance of +0.2%.
  • Additional sectors that outperformed the S&P 500 Index included Real Estate and Health Care by an average of +0.1%.
  • Relative to the S&P 500 Index, Energy sector stocks underperformed the most by -1.9%. Utilities sector stocks were the next worst performers with a relative underperformance of -0.9%.
  • Additional sectors that underperformed the S&P 500 Index included Materials, Consumer Staples and Financials by an average of -0.8%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+0.79%+4.5%+72.2%+40.6%+107.7%
Relative Outperformers
TechnologyIYW+1.2%-3.4%+18.1%+38.1%+127.0%
TelecomIYZ+0.24%+1.9%-34.4%-32.6%-96.7%
Real EstateIYR+0.098%+0.6%-20.9%-31.3%-68.8%
Health CareIYH+0.083%-3.0%-20.8%-10.3%-16.5%
Relative Underperformers
EnergyIYE-1.9%+25.8%+29.2%-64.0%-122.0%
UtilitiesIDU-0.93%-4.9%-39.3%-30.7%-62.2%
MaterialsIYM-0.87%+5.4%+30.8%-2.0%-25.0%
Consumer StaplesXLP-0.79%-6.1%-36.8%-14.2%-64.1%
FinancialsIYF-0.79%+7.4%+1.5%-11.3%-16.6%
IndustrialsIYJ-0.69%+2.4%-77.2%-72.0%-108.8%
Consumer DiscretionaryXLY-0.29%-1.0%+19.5%+8.6%+19.3%

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