All 10 S&P 500 sectors decline in August, led by health care
All 10 of the S&P 500's key sectors lost ground in August, highlighted by the 8% drop in the SPDR Health Care ETF and the 7.1% slide in the SPDR Financial ETF . Those were the biggest monthly declines for the XLV since February 2009, and for the XFL since May 2012. The best performing sector on the month was telecom, with the iShares U.S. Telecommunications ETF slipping 1.9% in August. Meanwhile, the S&P 500 shed 6.3% in August, the largest one-month percentage decline since May 2012, as 442 of its components, or 88%, lost ground on the month.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.