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

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%

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