Tuesday, January 01, 2008

S&P 500 Index Sector Returns For 2007

Only two sectors within the S&P 500 Index failed to generate a positive return in 2007: Consumer Discretionary and Financials. Although the Energy sector was the best performing out of all S&P sectors, the grain component of the CRB Index out did energy. The CRB Index component detail noted below is provided by Barry Ritholtz at his website The Big Picture.

The cause for the weak financial sector performance is fairly obvious given the mortgage and subprime mortgage issues. With respect to the consumer discretionary sector, is the market foretelling a weak consumer spending environment as 2008 unfolds?

(click on table for larger image)

S&P 500 Index sector returns 2007 and CRB Index component returnSources:

Performance of Commodity Sub-Groups
The Big Picture
By: Barry Ritholtz
December 31, 2007

S&P 500 Index Return
Standard & Poor's
December 31, 2007

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