Materials Sector of the S&P 500 Up Nearly 10% this June

Quick — what’s the best performing sector in the S&P 500 so far in June? No, it isn’t the highflying information technology sector — that’s second best.

The materials sector is by far having the best month of any of the 11 sectors in S&P 500 groups, up 9.5% in the June to date, according to FactSet data, as of Wednesday afternoon trade (see charted attached).

In fact, the materials group, the sector that tends to be the most sensitive to global economic growth expectations, is on track for its best monthly gain since October of 2015, when it soared 13.45%, according to Dow Jones Market Data.

The sector represents shares of companies most closely tied to production of raw materials used in manufacturing, including steel, aluminum and chemicals.

Read the full article at MarketWatch.

Don’t Stop Here

More To Explore

The Hottest Graphene Stocks To Watch In 2025

Forbes predicts this may be the next “multibillion-dollar material”… while Bloomberg says “this material will change the world”. The biggest technological advances in the future

Top Graphene Stocks For 2025

Graphene is an excellent conductor of electricity and heat, surpassing traditional materials like silicon, and it possesses exceptional mechanical strength, being hundreds of times stronger