GO
Loading...

Powered by Netflix, Consumer Discretionary Stocks Break Record

Netflix
AP
Netflix

S&P's consumer discretionary sector rose to a record high Thursday, as most major averages continued to post strong gains.

Since the beginning of 2012, the NASDAQ Composite has risen about 8 percent, followed by the S&P 500 and Dow, up 5 and 4.7 percent, respectively.

The consumer discretionary sector , which has an index weighting of 11 percent, is up about 6.5 percent this year — the fifth best-performing sector in the S&P .

By midday Thursday, the sector traded as high as 331.19. The previous record of 330.07 was reached on July 7.


Netflix , which posted a loss of 61 percent in 2011, is now the top-performing stock in the S&P 500, with a gain of 67 percent in the last 17 trading sessions.



*Kristen Scholer contributed to this report.

Follow Giovanny Moreano on Twitter: @giovannymoreano



bythenumbers.cnbc.com

Disclaimer

Symbol
Price
 
Change
%Change
S&P 500
---
SPLS
---
TWC
---
MAR
---
PHM
---
SHLD
---
NFLX
---

Featured