, erasing losses made in the early days of the pandemic. The index slid as much as 34% from its peak to a March 23 floor before the Federal Reserve's announcement of unprecedented relief measures fueled a steady run-up through April and May.
Stocks' surge over recent months hasn't been evenly shared across sectors. Firms viewed as prime stay-at-home plays outperformed at the start of the pandemic before sliding on hopes for a quicker-than-expected rebound. Companies slammed hardest by the initial outbreak soared as economic data suggested the worst was over.
Energy firms posted some of the biggest leaps of all. After oil's historic plunge to negative prices shocked investors around the world, widespread production cuts and recovering demand renewed hope for the struggling commodity.as rising coronavirus cases across the nation and cautious messaging from the Federal Reserve revived investor fears. The S&P 500 dropped as much as 5.5% through the session. Yet the index's segments are still up massively from their virus-induced lows.
Here's how all 11 S&P 500 sectors have performed since bottoming on March 23, ranked in ascending order of gains. Data is as of 1:55 p.m. ET Thursday.
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