×

There's a bigger worry than energy stocks

502519884
Teradat Santiviviut | Getty Images

There's no doubt that one of the biggest drivers of current market action is oil. The continued volatility in "black gold" has led to steep price declines in many of the stocks that rely on it, or products made from it. However, as bad as it's been for the energy sector, weakness in two other places in the markets is grabbing more attention ... technology and financials.

It may seem obvious to many, but it's worth repeating why these two parts of the stock market are so much more important than others. They represent the two biggest sectors in the large-cap S&P 500 index.

  • Patti Domm

    Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy.

  • Bob Pisani

    A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • Senior Producer - Breaking News

  • Dominic Chu

    Dominic Chu is a markets reporter for CNBC.

  • Evelyn Cheng CNBC

    Evelyn Cheng is a markets writer for CNBC.

  • Sara Eisen

    Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.

Market Strategist Survey