Sector Winners and Losers week ending 10/30
It was a long painful week for all the sectors with the overall S&P 500 index losing -5.64%, worst since March of this year.
Utilities (XLU) topped the list of sectors "only" losing -3.66% and remained as the safe place for investors to go to stay into equities instead of the alternatives.
There were certainly days that each sector had to shine, but as far as the week-to-date performance, there was not a lot of back and forth as the days progressed in the weekly list of sector winners/losers.
Most sectors beat the overall S&P 500 index.
The exception is Technology (XLK), Consumer Discretionary (XLY) and Industrials (XLI). Consumer Discretionary just barely beat out Industrials to be the week's loser at a -6.55% loss.
Utilities (XLU) topped the list of sectors "only" losing -3.66% and remained as the safe place for investors to go to stay into equities instead of the alternatives.
There were certainly days that each sector had to shine, but as far as the week-to-date performance, there was not a lot of back and forth as the days progressed in the weekly list of sector winners/losers.
Most sectors beat the overall S&P 500 index.
The exception is Technology (XLK), Consumer Discretionary (XLY) and Industrials (XLI). Consumer Discretionary just barely beat out Industrials to be the week's loser at a -6.55% loss.
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