Below we highlight the performance of the ten S&P 500 sectors this week. As shown, only two sectors were up -- Energy and Financials. Utilities, Telecom, Consumer Staples and Health Care (all defensive) were down the most.
We also provide the best and worst performing stocks in the S&P 500 this week. As shown, MER was up the most, while AIG was down the most. The extremes of the moves on both sides below pretty much sum up the craziness of this week.
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