S&P 500 sector performance varies widely in MayS&P 500 sector performance varies widely in May
Sectors are diverging in monthly performance with just hours left in the May trading period. Just three of the 11 S&P 500 sectors are set the finish the month higher. Information technology has rallied the most with a 9.7% advance, followed by communication services at 6.1% and consumer discretionary at 1.9%. The index as a whole, by comparison, is flickering around its monthly flatline despite the majority of sectors trading notably down. Energy, the worst performer of the 11 sectors, is down 10.5% this month.flatline despite the majority of sectors trading notably down. Here’s where the 11 stand, in order from best to worst performing this month: Information technology: up 9.7%Information technology: up 9.7% Communication services: up 6.1% Consumer discretionary: up 1.9%Consumer discretionary: up 1.9% Industrials: down 3.4% Financials: down 4.9% Health care: down 4.9%Health care: down 4.9% Real estate: down 5%Real estate: down 5% Consumer staples: down 6.1% Utilities: down 6.6% Materials: down 7% Energy: down 10.5%
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.