Financial, Real Estate And Retail Stocks Up Big Today; Tech Hit Again

January 22, 2008 at 1:59 pm  ·  Category: Market Commentary

One of the interesting features of today’s trading is that sectors that have been absolutely torched for the last year are generating some real buying interest:

S&P Financials (XLF): +1.88%

Regional Banks (KRE): +3.60%

S&P Home Builders (XHB): +5.47%

S&P Consumer Discretionary (XLY): +2.00%

Retail (RTH): +3.62%

And what seems to be getting hit hardest (again!) is tech:

S&P Tech (XLK): -2.03%

Nasdaq-100 (QQQQ): -2.43%

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

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