Cyclicals and Retail Find Support as Utilities and Healthcare Lag

As we passed through a significant option expiration on Friday, it was going to be interesting to see how the market responded. After a shaky start, cyclicals, technology, and communication led.

Cutout paper illustration representing scheme and Stocks inscription

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As we passed through a significant option expiration on Friday, it was going to be interesting to see how the market responded. After a shaky start, cyclicals, technology and communication led (FB, PLUG, WMT, AMD). With a rising 10-year, Utilities lagged all sectors along with healthcare and Staples.

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