Dear Chart of the Day Fan:
Here’s my chart for today. I’ll talk about it shortly after 3:30 p.m. Eastern (12:30 p.m. Pacific) on the Bloomberg Businessweek radio show. Also, I’ll present my Stock of the Day just after 4:05 p.m. (1:05 p.m.) on the radio and later on social media. You can hear me on Bloomberg Radio or see me at Bloomberg Global News on YouTube. Earlier charts are on my Tumblr page.
Thanks for your interest. It’s appreciated.
This year’s gap between the S&P 500 Index’s best- and worst-performing industry groups is unusually wide. Technology stocks climbed 27% to rank first among the S&P 500’s 11 sectors as of Tuesday, according to data compiled by Bloomberg. Energy was last with a 47% loss. The differential of 74 percentage points between them was the widest through Sept. 15 for any two sectors since 2000. Back then, utility stocks led the way and raw-material producers trailed as a bear market got started.