index comp: The noted powerhouse here has been financials, which has rallied nearly 11% since Nov. 8, according to Market Watch. While some profit-taking has taken place, renewed interest following that profit-taking is a healthy sign for the sector, Pavlik said. Stocks finished higher for the week on Friday with the Dow Jones Industrial Average DJIA, -0.19% gaining 0.1% on the week, the S&P 500 index SPX, -0.24% rising 0.8%, and the Nasdaq Composite index COMP, -0.23% finishing up 1.6%. Since Election Day and Donald Trump surprise presidential win, the Dow has climbed 2.9%, the S&P 500 has gained 2%, and the Nasdaq has risen 2.5%. One thing to note is how certain sectors have jumped following the election and how that plays out, said Robert Pavlik, chief market strategist at Boston Private Wealth, in an interview. Caption outside of wrapper for normal article images Health-care stocks just starting to underperform S&P 500 post-election. That a healthy sign. Investors are not willing to sell out of recent purchases and there is new interest if there a little giveback, the same with industrials and materials, Pavlik said.
(news.financializer.com). As
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