Economic exposure by sector
How each S&P 500 sector's stocks have moved with interest rates, inflation expectations, the dollar, oil and credit spreads: the median move, and how many held up each way.
| Sector | Interest rates | Inflation expectations | U.S. dollar | Oil and energy | Credit spreads |
|---|---|---|---|---|---|
| Communication Services11 stocks on record | −0.20%2↑ 3↓ held up, of 11 | +1.7%2↑ 0↓ held up, of 11 | −1.1%0↑ 4↓ held up, of 11 | −0.23%0↑ 0↓ held up, of 11 | +1.1%1↑ 0↓ held up, of 11 |
| Consumer Discretionary18 stocks on record | −1.5%0↑ 7↓ held up, of 18 | +2.3%4↑ 0↓ held up, of 18 | −0.17%1↑ 0↓ held up, of 18 | −0.50%2↑ 4↓ held up, of 18 | −1.0%0↑ 3↓ held up, of 18 |
| Consumer Staples16 stocks on record | −0.79%0↑ 5↓ held up, of 16 | +1.0%2↑ 0↓ held up, of 16 | −0.90%1↑ 6↓ held up, of 16 | −0.52%1↑ 6↓ held up, of 16 | +0.75%1↑ 0↓ held up, of 16 |
| Energy6 stocks on record | −0.10%0↑ 0↓ held up, of 6 | +5.1%4↑ 0↓ held up, of 6 | −0.88%0↑ 1↓ held up, of 6 | +3.2%5↑ 0↓ held up, of 6 | −0.37%0↑ 0↓ held up, of 6 |
| Financials37 stocks on record | −0.47%1↑ 9↓ held up, of 37 | +1.8%12↑ 0↓ held up, of 37 | +0.47%3↑ 2↓ held up, of 37 | −0.17%0↑ 3↓ held up, of 37 | −0.79%0↑ 5↓ held up, of 37 |
| Health Care27 stocks on record | −1.0%0↑ 7↓ held up, of 27 | +1.4%6↑ 1↓ held up, of 27 | −0.68%1↑ 4↓ held up, of 27 | −0.65%0↑ 8↓ held up, of 27 | −1.1%2↑ 1↓ held up, of 27 |
| Industrials23 stocks on record | −0.64%0↑ 5↓ held up, of 23 | +2.0%6↑ 0↓ held up, of 23 | −0.39%1↑ 2↓ held up, of 23 | −0.52%0↑ 6↓ held up, of 23 | −0.63%0↑ 1↓ held up, of 23 |
| Information Technology30 stocks on record | +0.33%5↑ 1↓ held up, of 30 | −0.53%4↑ 1↓ held up, of 30 | −0.16%2↑ 3↓ held up, of 30 | +0.21%2↑ 2↓ held up, of 30 | −0.24%4↑ 1↓ held up, of 30 |
| Materials11 stocks on record | −1.4%0↑ 7↓ held up, of 11 | +1.5%2↑ 0↓ held up, of 11 | −1.3%0↑ 6↓ held up, of 11 | −0.18%2↑ 4↓ held up, of 11 | −1.1%0↑ 0↓ held up, of 11 |
| Real Estate9 stocks on record | −3.6%0↑ 7↓ held up, of 9 | +3.3%5↑ 1↓ held up, of 9 | −1.1%1↑ 4↓ held up, of 9 | −0.10%4↑ 0↓ held up, of 9 | −1.1%0↑ 4↓ held up, of 9 |
| Utilities14 stocks on record | −1.7%0↑ 12↓ held up, of 14 | −0.79%0↑ 0↓ held up, of 14 | −0.25%0↑ 1↓ held up, of 14 | +0.37%6↑ 0↓ held up, of 14 | +0.62%3↑ 1↓ held up, of 14 |
Each figure is the median typical weekly move of the sector's stocks on record when that force moved by its standard amount, after the stock market's own move. Beneath it: how many of those stocks moved up (↑) or down (↓) with the force in a way that held up. The median includes readings that could not be told apart from zero; the counts say how many did not. Fewer than three stocks on record shows the count, not a median.
This describes the past, and it is not a forecast. Nothing here is a recommendation to buy, sell or hold any security.