The technology sector, particularly semiconductors, has significantly contributed to the S&P 500's performance in 2024, accounting for approximately 31% of the index's 19.02% year-to-date return. The S&P Information Technology sector has seen a year-to-date increase of 28.4%, a remarkable 101% rise since the beginning of 2023, and a 645% surge since 2013. Meanwhile, various sectors, including Communication Services (XLC), Utilities (XLU), Financials (XLF), Consumer Staples (XLP), Health Care (XLV), Industrials (XLI), Real Estate (XLRE), and Materials (XLB), reached 52-week highs. The Financials sector, represented by the XLF, is also breaking out to fresh all-time highs, driven by key holdings such as JPMorgan Chase (JPM), Berkshire Hathaway (BRK.B), Progressive (PGR), American Express (AXP), and S&P Global (SPGI). The Materials sector has also achieved a new all-time high.