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| Wednesday Sector Leaders: Financial, IndustrialBy Dividend Channel Staff, Wednesday, February 28, 2:36 PM ET
The best performing sector as of midday Wednesday is the Financial sector, up 0.6%. Within the sector, Digital Realty Trust Inc (NYSE:DLR) and Weyerhaeuser Co (NYSE:WY) are two large stocks leading the way, showing a gain of 3.9% and 3.5%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (NYSE:XLF), which is up 0.5% on the day, and up 7.50% year-to-date. Digital Realty Trust Inc, meanwhile, is up 6.69% year-to-date, and Weyerhaeuser Co, is down 1.68% year-to-date. The next best performing sector is the Industrial sector, higher by 0.6%. Among large Industrial stocks, Axon Enterprise Inc (NASDAQ:AXON) and eBay Inc. (NASDAQ:EBAY) are the most notable, showing a gain of 16.6% and 7.1%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 0.5% in midday trading, and up 5.96% on a year-to-date basis. Axon Enterprise Inc, meanwhile, is up 22.68% year-to-date, and eBay Inc. is up 8.96% year-to-date. AXON makes up approximately 0.5% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, six sectors are up on the day, while two sectors are down.
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