- Tiger Woods Wants to Protect Family Privacy: Agent
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- Longer Lines, Fuller Carts This Black Friday
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- 8 Retailers that Gain During the Holidays
- 4 Enemies of Bull Markets
MOST SHARED
- US Shoppers Spent Less Over Black Friday: NRF
- South Korea Sees Exports Bouncing, but Risks Remain
- Fed Audit Would Hurt Economic Prospects: Bernanke
- Japan Won't Intervene to Weaken Yen: Finance Minister
- Tiger Woods Wants to Protect Family Privacy: Agent
- Banks With The Biggest Exposure to The UAE
- Japan Industrial Output Edges Up But Yen May Weigh
- Sands China falls 10% in Hong Kong Debut
RSS FEED
With ongoing earnings and capital concerns, financials have failed to muster up any sustained rally, as they continue to hit lower lows this week. The S&P 500 Financials sector remains at 12-year lows, and is approaching its 1995 levels. Not surprisingly, it continues to be the worst performing sector in the S&P 500 this year. Furthermore, the sector’s underperformance hasn’t let up so far this month. While the S&P 500 is “only” down 13.6% in November, the financials sector is down 26.2% month-to-date.
The financial sector’s poor performance has pushed its weighting in the S&P 500 significantly lower this month. What was once the S&P’s largest sector, the financials now barely make it into the top half of the index’s 10 sectors (behind even the healthcare and consumer staples sectors!). Here’s how the S&P’s 10 sectors rank now:
S&P 500 Index Weighting
Technology 15.1%
Healthcare 14.9%
Energy 14.0%
Consumer Staples 14.0%
Financials 12.9%
Industrials 10.8%
Consumer Discretionary 7.6%
Utilities 4.2%
Telecom 3.6%
Materials 3.0%
Worst performing financials MTD include
- General Growth Properties [GGP
Loading...
()
] is down 89% MTD - Genworth Financial [GNW
Loading...
()
] is down 77% MTD - Prologis [PLD
Loading...
()
] is down 67% MTD - Developers Diversified Realy [DDR
Loading...
()
] is down 61% MTD - American Capital [ACAS
Loading...
()
] is down 56% MTD
Comments? Send them to
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?










