drewby4321

Sector Winners and Losers week ending 3/26

SP:SPX   S&P 500 Index
There were several change of winners and losers during a week that ended with the S&P 500 at a record close.

Technology ( XLK ) led for the first two days of the week, was sold off heavily on Wednesday and Thursday, but then ended the week with a huge gain on Friday, putting it in third place.

Utilities ( XLU ) took over the top spot on Thursday as investors became very cautious and fled to the defensive sector.

Consumer Staples ( XLP ) remained steady throughout the volatile week and ended the week at the top.

After last week's rout, Energy ( XLE ) seemed to find a bottom on Tuesday. After a big gain on Wednesday, the sector opened back near the bottom on Thursday, but quickly recovered . But the end of Friday, it was able to end the week with a gain.

Communication Services ( XLC ) and Consumer Discretionary ( XLY ) were the only two sectors to decline for the week. Communication Services ended the week at the bottom with more than a 4% decline. Although Technology sector fared well, there is still evidence of rotation from growth to value.
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