All 10 S&P 500 sectors extend losses suffered in August

All 10 of the S&P 500’s key sectors were falling in morning trade Tuesday, adding to the losses they all suffered in August. The biggest loser on Tuesday was energy, as the SPDR Energy ETF shed 2.4%. The XLE had soared 12% over the past four sessions, as oil prices logged a historic rally over the last three days, but still dropped 4.3% for the month. Elsewhere, the SPDR Financial ETF dropped 2%, the SPDR Health Care ETF lost 1.9% and the SPDR Utilities ETF slid 1.9%.

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From:: Stock Market News

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