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Fundamental, Research

Sector Watch: Digestion

Sam Stovall, CFP, Chief Investment Strategist

10 July 2023

Summary

Year to date (YTD) through July 3, the S&P 500 jumped 16%, accompanied by gains in all sizes, styles, and seven of 11 sectors within the S&P Composite 1500, along with 62% of its 153 subindustries. In addition, the Nasdaq-100 soared 39%. This YTD gain for the S&P 500 was on top of the 7% advance from the bear market low on October 12, 2022 through year-end, which also saw broad sector and sub-industry participation.

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Gain a comprehensive view of global themes, industries, and companies.

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