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Energy (OW) led the S&P 500 sectors last week, rising 7.3%. It is up 37.8% ytd, the best of all the sectors. Financials (OW) rose 0.9% and is on an 11-week winning streak. Health Care (OW) and Utilities (OW) also gained last week. Consumer Discretionary (UW) and Materials (OW) fell. Communication Services (MW) was down 1.0% for the week and is up just 1.2% ytd, the second worst of the 11 sectors.
Now, let's look at recent developments in the Information Technology, Financials, Energy, and Communication Services sectors:
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