Markets
Which parts of the economy are leading and which are lagging, and the largest companies in each.
How each sector did
Each sector is followed through the US fund that holds its S&P 500 companies.
Chips, software, computers and phones, and the equipment to make them.
Banks, insurers, payment networks, asset managers and stock exchanges.
Drug makers, biotech, medical devices, hospitals and health insurers.
Things people buy more of when times are good: cars, online shopping, restaurants, travel, clothing.
Search, social media, streaming, video games and telecom networks.
Aircraft, defence, machinery, railways, logistics and building products.
Everyday needs bought in good times and bad: food, drinks, household products, supermarkets.
Oil and gas producers, refiners, pipelines and oilfield services.
Electricity, gas and water companies, often with steady, regulated profits and dividends.
Owners of offices, warehouses, data centres, towers and homes (mostly REITs, which pay out most of their income).
Chemicals, metals and mining, paper and packaging.