Sector Winners and Losers week ending 9/17

Original Chart

Energy ( XLE ) topped the sector list this week after the OPEC Monthly Report on Monday projected that demand for oil would exceed pre-pandemic levels by next year. The sector also got a boost from Crude Oil Inventories data released on Wednesday that showed much higher demand than expected.

Consumer Discretionary ( XLY ) moved into second place after great Retail Sales data on Thursday.

Utilities ( XLU ) and Materials ( XLB ) were the bottom two sectors for the week. Although markets were lower this week, investors did not flee to defensive sectors.


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