Sector Winners and Losers week ending 9/10
All sectors declined this week as the S&P 500 pulled back from all-time highs. Consumer Discretionary (XLY) was poised to end the week with gains before losing those gains in Friday afternoon selling.
Real Estate (XLRE) was the worst-performing sector of the week after outperforming the market in the previous week. The sector erased all of last week's 4% gain as investors reversed the trade that is supposed to protect against inflation and benefit from low interest rates.
Utilities (XLU) took the top position on Wednesday but gave the lead back to Consumer Discretionary on Thursday.
Real Estate (XLRE) was the worst-performing sector of the week after outperforming the market in the previous week. The sector erased all of last week's 4% gain as investors reversed the trade that is supposed to protect against inflation and benefit from low interest rates.
Utilities (XLU) took the top position on Wednesday but gave the lead back to Consumer Discretionary on Thursday.
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