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Tuesday Sector Laggards: Energy, Utilities

Forbes - 2 Sep 2014 20:49
Tuesday Sector Laggards: Energy, Utilities Looking at the sectors faring worst as of midday Tuesday, shares of Energy companies are underperforming other sectors, showing a 1.6% loss. Within that group, Noble Corp (NYSE: NE) and Denbury Resources (NYSE: DNR) are two large stocks that are lagging, showing a loss of 3.3% and 3.2%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 1.5% on the day, and up 10.88% year-to-date. Noble Corp, meanwhile, is down 12.85% yea...
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