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Tuesday Sector Laggards: Energy, Materials

Forbes - 19 May 2015 20:35
Tuesday Sector Laggards: Energy, Materials In afternoon trading on Tuesday, Energy stocks are the worst performing sector, showing a 1.9% loss. Within the sector, Transocean Ltd. (NYSE: RIG) and Diamond Offshore Drilling, Inc. (NYSE: DO) are two large stocks that are lagging, showing a loss of 5.9% and 5.1%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 1.4% on the day, and up 1.27% year-to-date. Transocean Ltd., meanwhile, is up 3.44% year-to-date, and Diamo...
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