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This has not been an equal-opportunity market. Since the beginning of 2004, the S&P 500 is up 10.73%. However, it's been largely led by two sectors--the Energy Sector is up 72.8% and the Utilities Sector is up 41.06%. The rest of the market has been pretty much flat.

Energy 72.80%
Utilities 41.06%
Industrials 11.75%
Telecom 7.28%
Staples 6.35%
Discretionary 6.07%
Healthcare 5.58%
Financials 4.79%
Materials 2.91%
Tech 2.59%

Posted by edelfenbein at September 13, 2005 5:21 PM