Energy and Telecom Stocks Slump While Utilities Stocks Rally - U.S Daily Sector Wrap

Stocks slumped 0.8% today led by the 1.3% decline in Energy stocks and the 1.1% decline in Telecom, while Utilities stocks performed best with a 1.3% gain

Mar 23, 2021 by Kwhen Finance Editors

Energy and Telecom Stocks Slump While Utilities Stocks Rally - U.S Daily Sector Wrap

U.S. stocks fell by 0.8% today fueled by a 1.3% decline in energy stocks and a 1.1% decline in telecom stocks. Energy stocks are currently up 28.9% year-to-date, and up 99.2% over the past 12 months. Telecom stocks are currently up 7.4% year-to-date, and up 39.2% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 5.3% year-to-date, and up 73.6% over the past 12 months. The Dow Jones Industrial Average is currently up 7.5% year-to-date, and up 73.9% over the past 12 months.

Sector Performance

  • The S&P 500 Index fell with a 0.8% decline.
  • Utilities stocks rose the most with a 1.3% gain.
  • Energy stocks fell the most with a 1.3% decline.
  • Others sectors that gained include Real Estate, Materials and Industrials, which rose by an average of 0.0%.
  • Others sectors that declined include Telecom, Financials and Consumer Discretionary, which fell by an average of -1.0%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV-0.78%+5.3%+73.6%+44.5%+109.5%
Gainers
UtilitiesIDU+1.3%-0.6%+32.7%+9.0%+45.7%
Real EstateIYR+0.011%+6.1%+52.6%+11.0%+40.1%
MaterialsIYM0.0%+9.8%+102.9%+43.3%+82.8%
IndustrialsIYJ0.0%+7.0%-5.0%-29.6%-0.9%
Consumer StaplesXLP0.0%-0.5%+36.8%+28.0%+45.9%
Health CareIYH0.0%+2.4%+52.7%+34.1%+90.8%
Losers
EnergyIYE-1.3%+28.9%+99.2%-22.0%-14.9%
TelecomIYZ-1.1%+7.4%+39.2%+10.1%+12.2%
FinancialsIYF-1.1%+11.1%+72.5%+31.4%+90.2%
Consumer DiscretionaryXLY-0.94%+4.2%+92.9%+53.2%+128.8%
TechnologyIYW-0.60%+3.0%+94.0%+86.7%+240.4%

Relative Sector Performance

  • Relative to the S&P 500 Index, Utilities sector stocks outperformed the most by +2.0%. Real Estate sector stocks were the next best performers with a relative outperformance of +0.8%.
  • Additional sectors that outperformed the S&P 500 Index included Materials, Industrials and Consumer Staples by an average of +0.8%.
  • Relative to the S&P 500 Index, Energy sector stocks underperformed the most by -0.6%. Telecom sector stocks were the next worst performers with a relative underperformance of -0.3%.
  • Additional sectors that underperformed the S&P 500 Index included Financials and Consumer Discretionary by an average of -0.2%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV-0.78%+5.3%+73.6%+44.5%+109.5%
Relative Outperformers
UtilitiesIDU+2.0%-5.9%-40.9%-35.5%-63.8%
Real EstateIYR+0.79%+0.8%-20.9%-33.5%-69.4%
MaterialsIYM+0.78%+4.5%+29.3%-1.2%-26.7%
IndustrialsIYJ+0.78%+1.7%-78.5%-74.1%-110.4%
Consumer StaplesXLP+0.78%-5.9%-36.7%-16.5%-63.5%
Health CareIYH+0.78%-2.9%-20.8%-10.3%-18.6%
TechnologyIYW+0.17%-2.3%+20.4%+42.2%+130.9%
Relative Underperformers
EnergyIYE-0.56%+23.5%+25.7%-66.5%-124.4%
TelecomIYZ-0.33%+2.1%-34.3%-34.3%-97.2%
FinancialsIYF-0.29%+5.8%-1.0%-13.0%-19.2%
Consumer DiscretionaryXLY-0.16%-1.1%+19.4%+8.8%+19.4%

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