Equity Examination

Among firms in the S&P 500, information technology had a great run last week and led all sectors, rising 2%. Consumer discretionary and communication services followed, each with a gain of slightly more than 1%. Industrials and utilities were also up but just barely. Energy was the big loser, down almost 7%, with real estate and materials next but down just slightly more than 1%. Healthcare declined less than 1%.

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