The best performing sector as of midday Tuesday is the Technology & Communications sector, up 1.2%. Within that group, Qualcomm, Inc. (NASD: QCOM) and Skyworks Solutions, Inc. (NASD: SWKS) are two large stocks leading the way, showing a gain of 3.0% and 2.4%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (AMEX: XLK), which is up 1.5% on the day, and up 7.92% year-to-date. Qualcomm, Inc., meanwhile, is down 28.82% year-to-date, and Skyworks Solutions, Inc. is up 12.71% year-to-date. Combined, QCOM and SWKS make up approximately 2.2% of the underlying holdings of XLK.
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