Tag: basic materials
What Sectors Will Lead Stocks Higher?
The S&P 500 has staged an impressive rally over the last week after a 6% drop to start the year. The large cap index has shot up 5.5% in a little over a week. Amazingly, the S&P is back within striking distance of the previous high. Needless to say, it’s quite a turnaround. A closer […]
Worst Performing SPDR Sector ETFs This Week – XLI, XLP, XLB
The impact of the Federal government shutdown finally hit Wall Street. The Dow Jones Industrial Average skidded to a 136 point loss yesterday. Investors are worried that the budget stalemate will spill over into the more important act of raising the debt ceiling. Nearly every economist agrees that if the US fails to meet its […]