Source: Benzinga
Equity indices are making new all-time highs, but the gains are not equally spread across industries; there are clear favorites and laggards when examining the major sector ETFs and indices. Since the low point of the pandemic selloff on March 23, the outperformers surged upward and include Consumer Discretionary (XLY, +94%), Transportation ($DJT, +91%), and Technology (XLK, +91%). The underperformers since the same date include Consumer Staples (XLP, +35%), Utilities (XLU, +37%), and Healthcare (XLV, +55%). These groups largely … Full story available on Benzinga.com