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Friday Sector Laggards: Energy, Materials

Forbes - 11 Sep 2015 22:32
Friday Sector Laggards: Energy, Materials The worst performing sector as of midday Friday is the Energy sector, showing a 1.8% loss. Within that group, Murphy Oil Corp (NYSE: MUR) and Transocean Ltd. (NYSE: RIG) are two large stocks that are lagging, showing a loss of 6.8% and 4.4%, 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 down 19.10% year-to-date. Murphy Oil Corp, meanwhile, is down 45.92% year-to-date, and Transocean Ltd., is down...
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