Utilities, Healthcare Lead Gains; Tech Stocks Drop in S&P 500
Sectors & Industries
July 29, 2024
Among the S&P 500 sectors, Utilities led the top performers for the week with a 1.5% increase, followed by Healthcare and Materials, both gaining 1.4%.
Financials also performed well with a 1.3% rise, and Industrials saw a 1.1% increase.
In contrast, Telecom was the worst performer, dropping 3.8%, followed by Information Technology and Consumer Discretionary, which fell by 2.4% and 2.3%, respectively.
Energy experienced a slight decline of 0.2%.
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