A weekly recap of the S&P sectors for the week ending 1/30/15
U.S. stocks ended the week lower by 2.8%. The S&P 500 has posted a weekly loss in four of the last five trading weeks. All ten S&P sectors ended the week in negative territory.
Weekly Sector Leaders: Materials, Discretionary, Energy
Weekly Sector Laggards: Info Tech, Staples, Financials, Telecom
On a relative basis, Materials gained the most ground relative to the S&P last week. Although grossly underperforming for quite some time, a bottoming pattern seems to be forming. Financials continue to underperform the broader market and have cemented themselves as the worst performing sector year to date. Utilities and Healthcare continue to look strong and remain the only two sectors in positive territory in 2015.