Most of the top ten sectors of the S&P 500 Index contributed strongly in 2017 except the energy sector. The energy sector (XLE) showed a poor performance in 2017 with a fall of 2.6%. The weaker performance in the energy sector was mainly due to the huge fluctuation in energy prices. The telecom sector (XTL) contributed marginally to the performance of the S&P 500 Index.
In the next part of this series, we’ll analyze the performance of the energy sector in 2017 in more detail.
View more information: https://marketrealist.com/2018/01/various-sectors-sp-500-index-performed-2017/