S&P 500 sector performance varies widely in MayS&P 500 sector performance varies widely in May
Sectors are diverging in monthly performance with just hours left in the May trading period.
Just three of the 11 S&P 500
sectors are set the finish the month higher. Information technology has rallied the most with a 9.7% advance, followed by communication services at 6.1% and consumer discretionary at 1.9%.
The index as a whole, by comparison, is flickering around its monthly flatline despite the majority of sectors trading notably down. Energy, the worst performer of the 11 sectors, is down 10.5% this month.flatline despite the majority of sectors trading notably down.
Here’s where the 11 stand, in order from best to worst performing this month:
Information technology: up 9.7%Information technology: up 9.7%
Communication services: up 6.1%
Consumer discretionary: up 1.9%Consumer discretionary: up 1.9%
Industrials: down 3.4%
Financials: down 4.9%
Health care: down 4.9%Health care: down 4.9%
Real estate: down 5%Real estate: down 5%
Consumer staples: down 6.1%
Utilities: down 6.6%
Materials: down 7%
Energy: down 10.5%
Just three of the 11 S&P 500
sectors are set the finish the month higher. Information technology has rallied the most with a 9.7% advance, followed by communication services at 6.1% and consumer discretionary at 1.9%.
The index as a whole, by comparison, is flickering around its monthly flatline despite the majority of sectors trading notably down. Energy, the worst performer of the 11 sectors, is down 10.5% this month.flatline despite the majority of sectors trading notably down.
Here’s where the 11 stand, in order from best to worst performing this month:
Information technology: up 9.7%Information technology: up 9.7%
Communication services: up 6.1%
Consumer discretionary: up 1.9%Consumer discretionary: up 1.9%
Industrials: down 3.4%
Financials: down 4.9%
Health care: down 4.9%Health care: down 4.9%
Real estate: down 5%Real estate: down 5%
Consumer staples: down 6.1%
Utilities: down 6.6%
Materials: down 7%
Energy: down 10.5%
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