After rallying 36.06% from the March lows and 3.39% today, the S&P 500 is now up 0.44% for the year. Below we provide a chart of the S&P 500 year to date. So far it's been a wild ride and we're not even halfway through.
While the S&P 500 is up for the year, only three of its ten sectors are in positive territory. The Technology and Materials sectors are up the most at 19.4% and 18.5%, while Consumer Discretionary has been the third best at +11.3%. Utilities, Health Care, and Consumer Staples -- all defensive sectors -- are down the most year to date. It's nice to finally see the market in the green for the year, and hopefully it can last longer than one trading day.
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