The S&P 500 is on pace for its best year since 2013. Here's a ranking of how each sector has performed in 2019.
Dec 11, 2019, 18:45 IST
- The S&P 500 surged to new highs in 2019, driven by waning recession fears, positive earnings reports, and a trio of Federal Reserve rate cuts.
- Only one sector, energy, posted single-digit growth this year, with all 10 other categories rising at least 15%.
- Here how each sector of the S&P 500 performed this year, ranked in ascending order.
- Visit the Business Insider homepage for more stories.
The S&P 500 is up roughly 25% this year, down slightly after posting record highs throughout the fall. That puts it on pace for its best year since 2013.
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The US stock benchmark was boosted by three Federal Reserve rate cuts, strong earnings results, and better-than-expected economic data following the summer's heightened recession fears. The Dow Jones industrial average and Nasdaq Composite also notched all-time highs in recent months.
The index's energy sector was the only group to post single-digit growth in 2019, with all others soaring at least 15%.
Here's how each sector of the S&P 500 performed this year, ranked in ascending order. Performance is as of 2 p.m. ET on December 10.