A weekly recap of the S&P sectors for the week ending 3.6.15
U.S stocks closed sharply lower on Friday, pushing the S&P 500 into negative territory for the week. S&P sectors across the board were in the red for the week.
Weekly Sector Leaders: Financials, Discretionary, Healthcare
Weekly Sector Laggards: Utilities, Energy, Staples
Historically, the month of March has been favorable to the Financial and Energy sectors, whilst its been unfavorable towards Staples and Healthcare. Utilities continue to get clobbered (worst performing sector YTD) as 10-year yields have moved over 30% since the beginning of February. The Consumer Discretionary sector is the top performer on the year with a 4.5% gain.