Published on 08/09/2023 at 12:42updated on 09/08/2023 at 1:02 p.m.
Despite a strong recovery in the American market, it came to a halt in August. (Photo: Getty Images)
Despite a strong recovery in the US market, it came to a halt in August, with the S&P 500® falling 2% as concerns about inflation and the future trajectory of rate hikes resurfaced.
Small caps performed even more poorly, with the S&P SmallCap 600® down 4%.
Energy retained its place at the top of the ranking and was the only sector to post an increase.
|Index||1 month||Since the start of the quarter||Since the beginning of the year|
|Consumer discretionary sector||-1.17%||1.25%||34.72%|
|Consumer Staples Sector||-3.57%||-1.51%||-0.25%|
|Information technology sector||-1.32%||1.32%||44.66%|
|Natural resources sector||-3.28%||0.02%||7.76%|
|Real estate sector||-2.99%||-1.78%||1.94%|
|Community services sector||-6.16%||-3.84%||-9.31%|
|Communication services sector||-0.37%||6.55%||45.16%|
Source: S&P Dow Jones Indices LLC and/or its affiliates. Data as of August 31, 2023.