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Monday Sector Laggards: Energy, Materials

Forbes - 7 Jul 2014 22:47
Monday Sector Laggards: Energy, Materials Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 1.0% loss. Within that group, Chesapeake Energy (NYSE: CHK) and Cabot Oil & Gas Corp. (NYSE: COG) are two large stocks that are lagging, showing a loss of 3.8% and 2.3%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 0.7% on the day, and up 13.60% year-to-date. Chesapeake Energy, meanwhile, ...
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