Industrials and Telecom Stocks Lead U.S Stocks Lower - U.S Daily Sector Wrap
Stocks slumped 1.6% today led by the 4.7% decline in Industrials stocks and the 2.4% decline in Telecom, while Energy stocks performed best with a 1.8% gain
May 11, 2022 by Kwhen Finance Editors
U.S. stocks fell by 1.6% today fueled by a 4.7% decline in industrials stocks and a 2.4% decline in telecom stocks. Industrials stocks are currently down 17.1% year-to-date, and down 16.3% over the past 12 months. Telecom stocks are currently down 20.7% year-to-date, and down 21.7% over the past 12 months. Meanwhile, the S&P 500 Index is currently down 15.7% year-to-date, and down 3.2% over the past 12 months. The Dow Jones Industrial Average is currently down 11.0% year-to-date, and down 5.9% over the past 12 months.
Sector Performance
- The S&P 500 Index fell with a 1.6% decline.
- Energy stocks rose the most with a 1.8% gain.
- Industrials stocks fell the most with a 4.7% decline.
- Others sectors that gained include Technology, Health Care and Utilities, which rose by an average of 0.7%.
- Others sectors that declined include Telecom, Financials and Consumer Staples, which fell by an average of -1.3%.
| Name | Ticker | DoD %Δ | YTD %Δ | 1 Yr %Δ | 2 Yr %Δ | 5 Yr %Δ |
|---|---|---|---|---|---|---|
| Market | ||||||
| S&P 500 Index | IVV | -1.6% | -15.7% | -3.2% | +40.0% | +80.3% |
| Gainers | ||||||
| Energy | IYE | +1.8% | +35.5% | +46.1% | +110.5% | +26.6% |
| Technology | IYW | +1.6% | -24.4% | -2.7% | +43.6% | +152.9% |
| Health Care | IYH | +0.40% | -12.0% | +0.3% | +26.2% | +77.7% |
| Utilities | IDU | 0.0% | -1.7% | +7.2% | +29.6% | +53.3% |
| Losers | ||||||
| Industrials | IYJ | -4.7% | -17.1% | -16.3% | +36.8% | +49.5% |
| Telecom | IYZ | -2.4% | -20.7% | -21.7% | -0.9% | -13.8% |
| Financials | IYF | -0.70% | -14.3% | -8.4% | +44.0% | +53.8% |
| Consumer Staples | XLP | -0.69% | -0.8% | +9.6% | +38.0% | +58.4% |
| Materials | IYM | -0.54% | -4.3% | -1.9% | +65.4% | +64.9% |
| Consumer Discretionary | XLY | -0.30% | -26.0% | -12.9% | +30.5% | +76.1% |
| Real Estate | IYR | -0.21% | -18.9% | -2.8% | +30.1% | +38.4% |
Relative Sector Performance
- Relative to the S&P 500 Index, Energy sector stocks outperformed the most by +3.3%. Technology sector stocks were the next best performers with a relative outperformance of +3.1%.
- Additional sectors that outperformed the S&P 500 Index included Health Care, Utilities and Real Estate by an average of +1.6%.
- Relative to the S&P 500 Index, Industrials sector stocks underperformed the most by -3.2%. Telecom sector stocks were the next worst performers with a relative underperformance of -0.8%.
| Name | Ticker | DoD %Δ | YTD %Δ | 1 Yr %Δ | 2 Yr %Δ | 5 Yr %Δ |
|---|---|---|---|---|---|---|
| Market | ||||||
| S&P 500 Index | IVV | -1.6% | -15.7% | -3.2% | +40.0% | +80.3% |
| Relative Outperformers | ||||||
| Energy | IYE | +3.3% | +51.2% | +49.3% | +70.5% | -53.7% |
| Technology | IYW | +3.1% | -8.7% | +0.5% | +3.6% | +72.7% |
| Health Care | IYH | +2.0% | +3.8% | +3.5% | -13.8% | -2.6% |
| Utilities | IDU | +1.6% | +14.0% | +10.4% | -10.4% | -27.0% |
| Real Estate | IYR | +1.4% | -3.2% | +0.4% | -10.0% | -41.9% |
| Consumer Discretionary | XLY | +1.3% | -10.3% | -9.7% | -9.5% | -4.2% |
| Materials | IYM | +1.0% | +11.4% | +1.3% | +25.3% | -15.4% |
| Consumer Staples | XLP | +0.89% | +14.9% | +12.8% | -2.1% | -21.9% |
| Financials | IYF | +0.88% | +1.4% | -5.2% | +4.0% | -26.5% |
| Relative Underperformers | ||||||
| Industrials | IYJ | -3.2% | -1.4% | -13.1% | -3.2% | -30.8% |
| Telecom | IYZ | -0.85% | -5.0% | -18.5% | -40.9% | -94.1% |
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
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