Financials Outperform Market for Fourth Straight Day

The S&P 500 had its best day in almost two months Tuesday rising 2.91%. However, of the ten sectors in the S&P 500, Financials and Technology were the only two that outperformed the overall index.

The table below (click graphic for larger view) shows the daily percent change of each sector in the S&P 500 over the last month. Boxes shaded in green indicate that the sector outperformed the S&P 500, while red shading shows days where the sector underperformed the market.

Interestingly, while the Financial sector has been all but written off for dead, the sector has actually risen and outperformed the market each of the last four days.

click to enlarge