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Tuesday Sector Laggards: Energy, Materials

Forbes - 19 Jan 2016 21:32
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 3.8% loss. Within that group, Chesapeake Energy Corp. (NYSE: CHK) and ConocoPhillips (NYSE: COP) are two of the day's laggards, showing a loss of 14.0% and 8.4%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 2.7% on the day, and down 12.32% year-to-date. Chesapeake Energy Corp., meanwhile,...
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