The S&P 500 has risen 14.5% this year to 4,396.44, but we’re actually in a bull market, with a 23% gain from the 2022 closing low of 3,577.03 on Oct. 12.
First,... The S&P 500 has risen 14.5% this year to 4,396.44, but we’re actually in a bull market, with a 23% gain from the 2022 closing low of 3,577.03 on Oct. 12. Here’s how the 11 sectors of the S&P 500 and four broad indexes have performed during the first half of 2023, with changes to their weighted forward price-to-earnings ratios:Information technology has been the strongest performer among the S&P 500 sectors this year, but it is important to note that two important tech players, Alphabet Inc. GOOGL GOOG and Meta Platforms Inc. META, are placed in the communications-services sector by S&P, while Amazon.com Inc.
Click here for Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »