Since Pfizer first announced that their vaccine was over 90% effective back on November 9th, there has been a shift.
Today’s chart illustrates the performance of 11 stock market sectors since November 6th (the last trading day prior to the Pfizer announcement).
So what has outperformed?
By a long shot.
Investors are looking forward to a reopening of the economy both at home and abroad.
How many stock market sectors are there?
The Global Industry Classification Standard (GICS) categorizes the stock market into 11 sectors.
What are the 11 sectors of the stock market?
The 11 stock market sectors are technology, health care, financial, consumer discretionary, communication services, industrials, consumer staples, energy, utilities, real estate, and materials.
What is the largest stock market sector?
Based on market cap, the largest stock market sector is technology.