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Tuesday Sector Laggards: Energy, Materials

Forbes - 5 Jan 2016 21:33
Tuesday Sector Laggards: Energy, Materials Looking at the sectors faring worst as of midday Tuesday, shares of Energy companies are underperforming other sectors, showing a 0.5% loss. Within the sector, Diamond Offshore Drilling, Inc. (NYSE: DO) and Transocean Ltd. (NYSE: RIG) are two large stocks that are lagging, showing a loss of 4.4% and 4.3%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is flat on the day on the day, and down 0.05% year-to-date. Diamond Offshor...
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