Last week, Energy stocks gained 3.8%, outperforming Communications and Financials, while Consumer Staples and Real Estate lagged.
Sectors & Industries
September 23, 2024
In the latest weekly performance of the S&P 500 sectors, we observed a mixed outcome. Energy stocks led the pack with a gain of +3.8%, following rising oil prices. A close second was Communications stock at +3.7% and Financials at +2.4%. Other strong performers included Consumer Discretionary stocks with a +2.3% increase, Utilities and Industrials stocks both rising by +2%.
On the downside, Consumer Staples stocks declined by -1.2%, while Real Estate fell by -1.4%. Healthcare also saw a slight drop of -0.6%. Gold continued its strong run with no signs of stopping, while Uranium miners (URNM) also rose on news big tech is going nuclear.
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