A revamped communications sector within the S&P 500 made its debut on Monday, following the largest overhaul of Wall Street’s broad business sectors.
Emerging markets continued to trend due to mounting trade tensions between the U.S. and China as well as shadow-banking debt woes in India. On the commodities side, U.S. natural gas prices spiked to nine-month highs despite Hurricane Florence. Aerospace and defense stocks trended thanks to an impending boost in spending for various defense programs by the Trump administration, while financial equities closed the list.
Check out our previous trends edition at Trending: Emerging Markets Deeper Into Bear Territory After Trump’s Remarks on Tariffs.
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