In afternoon trading on Thursday, Energy stocks are the worst performing sector, showing a 2.0% loss. Within that group, Diamondback Energy, Inc. (Symbol: FANG) and ONEOK Inc (Symbol: OKE) are two large stocks that are lagging, showing a loss of 6.0% and 5.4%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 1.7% on the day, and up 4.77% year-to-date. Diamondback Energy, Inc., meanwhile, is up 14.21% year-to-date, and ONEOK Inc i ...

The Utilities Select Sector SPDR ETF ( XLU ) is putting together its best two-day rally going back to May. It comes not as a direct result of falling interest rates (Treasury yields have steadied themselves sinceFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial d ...

Group 1 - The article provides a top-down analysis of the utilities sector, focusing on subsector metrics related to value, quality, and momentum [1] - It aims to assist in analyzing sector ETFs, specifically the Utilities Select Sector SPDR ETF [1] - The author, Fred Piard, has over 30 years of experience in technology and has been investing in data-driven systematic strategies since 2010 [1] Group 2 - The article does not contain any stock, option, or derivative positions in the companies mentioned, nor does it plan to initiate any such positions within the next 72 hours [2] - The views expressed in the article are solely those of the author and do not reflect the opinions of Seeking Alpha as a whole [3]