S&P 500 ekes out slight weekly gain; energy top loser after ~9% rise last week

The S&P 500 on Friday ended 0.36% higher for the week, after a hefty gain last week. It recorded losses in four of the five sessions. Alongside the benchmark index, the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) added 0.36% for the week. The ETF is -12.9% YTD.

7 of the 11 sectors in the S&P 500 were up for the week, with Information Technology the top gainer and Energy the top loser after a nearly 10% rise last week. See below a breakdown of their weekly performance as well as the performance of their accompanying SPDR Select Sector ETFs from Jul. 29 close to Aug. 5 close:

#1: Information Technology +3.53%, and the Technology Select Sector SPDR ETF (XLK) +1.94%.

#2: Consumer Discretionary +2.53%, and the Consumer Discretionary Select Sector SPDR ETF (XLY) +0.91%.

#3: Industrials +2.48%, and the Industrial Select Sector SPDR ETF (XLI) +0.50%.

#4: Communication Services +1.73%, and the Communication Services Select Sector SPDR Fund (XLC) +1.28%.

#5: Utilities +1.37%, and the Utilities Select Sector SPDR ETF (XLU) +0.38%.

#6: Financials +1.35%, and the Financial Select Sector SPDR ETF (XLF) -0.06%.

#7: Consumer Staples +0.47%, and the Consumer Staples Select Sector SPDR ETF (XLP) +0.20%.

#8: Materials -0.49%, and the Materials Select Sector SPDR ETF (XLB) -1.31%.

#9: Real Estate -0.98%, and the Real Estate Select Sector SPDR ETF (XLRE) -1.40%.

#10: Health Care -1.05%, and the Health Care Select Sector SPDR ETF (XLV) -0.72%.

#11: Energy -2.62%, and the Energy Select Sector SPDR ETF (XLE) -6.81%.

Below is a chart of the 11 sectors’ YTD performance and how they fared against the S&P 500. For investors looking into the future of what’s happening, take a look at the Seeking Alpha Catalyst Watch to see next week’s breakdown of actionable events that stand out.

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