Wednesday Sector Laggards: Industrial, Services

Looking at the sectors faring worst as of midday Wednesday, shares of Industrial companies are underperforming other sectors, up 1.2%. Within that group, FedEx (NYSE: FDX) and Expeditors International of Washington (NASD: EXPD) are two large stocks that are lagging, showing a loss of 3.2% and 2.6%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (AMEX: XLI), which is up 0.7% on the day, and up 6.78% year-to-date. FedEx, meanwhile, is up ...