Financials Only Bright Spot in August

Kurt Brouwer August 31st, 2009

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Source: Bespoke Investment Group

Bespoke pointed out in the post accompanying the chart above that [emphasis added]:

The S&P 500 rose 3.36% in August, and interestingly, only two of ten sectors outperformed the index as a whole.  As shown below, Financials drove the entire market in August with a gain of 12.86%.  The Industrial sector was the only other one to outperform the S&P 500 with a gain of 4.14%…

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