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ABOUT BY THE NUMBERS

Our market specialists dig deep into Wall Street’s daily metrics, crunching the numbers to help you become smarter about the market so that you can make better investment decisions. By The Numbers details the daily drama, the winners and losers, how the day stacks up historically, and how the numbers can offer a glimpse of the future.
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Current DateTime: 03:10:24 23 Feb 2012
LinksList Documentid: 30111251

Powered by Netflix, Consumer Discretionary Stocks Break Record

Published: Thursday, 26 Jan 2012 | 11:28 AM ET
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By: Giovanny Moreano
Quantitative Analyst

Netflix
AP

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 [.GSPD  Loading...      ()   ], 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 [.SPX  Loading...      ()   ].

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


Netflix [.SPX  Loading...      ()   ], 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



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