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home / news releases / XLC - Wall Street Breakfast Sector Survey: How It Started How It's Going

XLC - Wall Street Breakfast Sector Survey: How It Started How It's Going

The Communication Services Select Sector SPDR Fund

2024-04-02 09:26:56 ET

Summary

  • Technology sector has been a middle-of-the-pack performer in 2024 due to the negative impact of Apple's stock performance.
  • Energy and Financials sectors led the pack in the first quarter of 2024.
  • The top-heavy nature of the US stock market can deceive investors, with only a few stocks driving the gains in certain sectors.

Earlier this year, Seeking Alpha's Wall Street Breakfast conducted a survey of its large pool of investment analysts, and one of the key questions concerned expectations for the 11 S&P 500 sectors during 2024. Here's a chart showing the sectors in column A, column B shows the percentage of investors that thought the sector would lead in 2023, and column C shows the percentage for 2024 responses....

For further details see:

Wall Street Breakfast Sector Survey: How It Started, How It's Going
Stock Information
Company Name: The Communication Services Select Sector SPDR Fund
Stock Symbol: XLC
Market: NYSE
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