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Following a broad rally on Monday, led by upbeat economic data in the housing front, and optimism related to a stress-test on nineteen banks, the S&P 500 [.SPX
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] turned positive for the year, up 0.44% at 907.24, as of yesterday's close.
Three out of ten sectors within the S&P-stock index, are now positive in 2009. Information Technology companies hold the number one spot to the upside, followed by Materials, and Consumer Discretionary.
The S&P 500 joined the NASDAQ Composite [COMP
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] and Russell 2000 indexes into the black for the year, with both major indexes trading up 11.83% and 1.48% respectively, year-to-date. The Dow [.DJIA
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] continues to trade in negative territory, with a loss of about 4%.
As investors continue to debate if the rally will hold, some of the top performing sectors could shed some light into where some of the bets are being placed.
The following tables depict the top 10 biggest percent gainers within the three major S&P sectors that are positive in 2009.
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- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
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- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
- A wealthy, distracted Texas driver crashed his million-dollar Bugatti Veyron sports car into a salt marsh, say police.
Data is a real-time snapshot *Data is delayed at least 15 minutes