Global Finance News
22 Sep 2026, 19:03
S&P 500 Flat as Materials Lead While Financials and Communication Services Lag
U.S. sector performance was mixed on Monday, with the S&P 500 up just 0.05% as gains in materials, consumer staples and health care offset weakness in financials and communication services.
Materials led the market with a 1.88% gain, followed by consumer staples at 1.25% and health care at 0.73%. Information technology also outperformed, rising 0.55%, while industrials edged up 0.05%.
On the downside, financials were the weakest sector, falling 1.72%. Communication services declined 0.87%, while energy lost 0.43%. Consumer discretionary slipped 0.18%, real estate fell 0.11% and utilities declined 0.08%.
The broad dispersion suggests investors were rotating toward defensive and commodity-linked sectors while taking profits in parts of the financial and communication-services space. Technology remained relatively resilient, helping keep the broader S&P 500 near flat territory.
U.S. sector performance was mixed on Monday, with the S&P 500 up just 0.05% as gains in materials, consumer staples and health care offset weakness in financials and communication services.
Materials led the market with a 1.88% gain, followed by consumer staples at 1.25% and health care at 0.73%. Information technology also outperformed, rising 0.55%, while industrials edged up 0.05%.
On the downside, financials were the weakest sector, falling 1.72%. Communication services declined 0.87%, while energy lost 0.43%. Consumer discretionary slipped 0.18%, real estate fell 0.11% and utilities declined 0.08%.
The broad dispersion suggests investors were rotating toward defensive and commodity-linked sectors while taking profits in parts of the financial and communication-services space. Technology remained relatively resilient, helping keep the broader S&P 500 near flat territory.
