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🔥In the first 3 quarters, the S&P 500 recorded the biggest gain since 1997🔥 Time for an asset class performance review for Q1-Q3 2024... Learn which assets outperformed the S&P 500 year-to-date and what may happen next in the markets.👇 https://t.co/0YxdZ7BOYG
Market performance by #SP500 sectors in 2024 so far: 1. #Technology +31.2% 🟢 2. #Utilities +26.2% 🟢 3. #Financials +24.6% 🟢 4. #CommunicationServices +22.1% 🟢 5. #Industrials +17.8% 🟢 6. #ConsumerDefensive +15.2% 🟢 7. #Healthcare +12.3% 🟢
Back in July the S&P 500 Tech Sector's relative performance against the broad market surpassed the peak from March 2000. But since then we've seen a reversal w/ the Tech sector underperforming everything else. Video: https://t.co/uXDwE4VDQ5 https://t.co/ADewP7aFau
As of October 2024, the S&P 500 has shown significant sector performance variations, with the technology sector leading gains earlier in the year but now underperforming. Since July 10, the technology sector has declined by 3%, contrasting with its earlier increase of 31.2% for the year. Other sectors have also performed well, with utilities up 26.2%, financials rising 24.6%, and communication services increasing by 22.1%. Notably, small caps have outperformed large caps, with small-cap stocks rising by 12.9% since July, while large caps have only increased by 4.1%. The overall market has recorded its largest gains in the first three quarters since 1997, highlighting a significant sector rotation as the broad market continues to reach new all-time highs.
