After last week’s bad economic data and market swoon, here’s a useful look (via Goldman Sachs) at how things are holding up.
None of the 10 market sectors rallied, but tech was the only one that stayed flat.
What’s interesting is that “defensives” like healthcare, utilities, and consumer staples, were among the big losers.
Image: Goldman Sachs
And within tech, several sub-sectors did well (note that the big rally in education stocks was due to a favorable regulatory ruling):
Image: Goldman Sachs
Article source: SAI http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/_7xYymspR8I/best-performing-sector-during-last-weeks-selloff-2011-6