Energy and tech lifted stocks

Key Points

• 1

  Energy, industrials, and materials led the market higher.

• 2

  Technology stayed strong and helped support the Nasdaq.

• 3

  Communication, consumer discretionary, and staples were weaker.

• 4

  The dollar rose against the won and yen, and was nearly flat against the euro.

Sector Performance

• EnergyOil and gas companiesEnergy was the day's strongest sector.
  +2.64%
• TechnologyGrowth companies like semiconductors & softwareTech rose and supported the Nasdaq.
  +1.34%
• MaterialsSteel, chemicals, and raw materialsMaterials rose with other cyclical sectors.
  +1.30%
• IndustrialsAirlines, machinery, and defense companiesIndustrials gained and helped the Dow.
  +1.06%
• UtilitiesElectric, water, and gas utility companiesUtilities also had a solid day.
  +0.94%
• Real EstateReal estate investment trusts (REITs)Real estate posted a modest gain.
  +0.36%
• FinancialsBanks, insurance, and brokerage firmsFinancials were little changed overall.
  -0.12%
• Health CareHospitals, pharma, and medical devicesHealth care edged lower today.
  -0.31%
• Consumer DiscretionaryCars, retail — things people want but don't needConsumer names fell; Tesla weighed on sentiment.↗Source
  -0.69%
• Consumer StaplesFood, household goods — everyday essentialsHousehold and food names slipped.
  -0.96%
• Communication ServicesTelecom, media, and internet companiesLarge media and internet names lagged.
  -1.16%

Sector moves were clearly split today.