S&P 500 surges more than 3% for the week, helped by energy and materials

The S&P 500 on Friday recorded its fourth straight weekly gain, after ending 3.26% higher for the week. It recorded losses in four of the five sessions. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) firmed 3.30% for the week alongside the benchmark index. The ETF is -10.08% YTD.

All 11 sectors in the S&P 500 closed in the green for the week, with Energy the top gainer and Consumer Staples the top loser. See below a breakdown of their weekly performance as well as the performance of their accompanying SPDR Select Sector ETFs from Aug. 5 close to Aug. 12 close:

#1: Energy +9.32%, and the Energy Select Sector SPDR ETF (XLE) +7.38%.

#2: Materials +6.42%, and the Materials Select Sector SPDR ETF (XLB) +5.20%.

#3: Financials +6.28%, and the Financial Select Sector SPDR ETF (XLF) +5.55%.

#4: Real Estate +5.27%, and the Real Estate Select Sector SPDR ETF (XLRE) +4.16%.

#5: Industrials +4.69%, and the Industrial Select Sector SPDR ETF (XLI) +3.87%.

#6: Communication Services +3.57%, and the Communication Services Select Sector SPDR Fund (XLC) +4.33%.

#7: Consumer Discretionary +2.91%, and the Consumer Discretionary Select Sector SPDR ETF (XLY) +3.41%.

#8: Utilities +2.84%, and the Utilities Select Sector SPDR ETF (XLU) +3.35%.

#9: Information Technology +2.20%, and the Technology Select Sector SPDR ETF (XLK) +2.44%.

#10: Health Care +1.61%, and the Health Care Select Sector SPDR ETF (XLV) +1.65%.

#11: Consumer Staples +1.56%, and the Consumer Staples Select Sector SPDR ETF (XLP) +1.17%.

Below is a chart of the 11 sectors’ YTD performance and how they fared against the S&P 500. For investors looking into the future of what’s happening, take a look at the Seeking Alpha Catalyst Watch to see next week’s breakdown of actionable events that stand out.

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