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Here is a weekly recap of the S&P 500 broken down by sector (holding weightings %, YTD % and % of portfolio in top 10 holdings) followed by sector heat map after Facebook plus Washington spotlight weekly news. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of week’s action on Wall Street provided by CNBC:

Week in Review: Facebook under fire for data breach

President Trump announces new tariffs on intellectual property, John Dowd resigns as President Trump’s lawyer, National Security Advisor H.R. McMaster is replaced by John Bolton and the president signs omnibus bill.

The S&P 500 (SPY) declined -5.95% this week as Facebook plus Washington spotlight weekly news. All 11 sectors were in the red for the week. Technology (XLK) -7.66% and financials (XLF) -7.10% had the biggest losses. Healthcare (XLV) lost -6.70%. Materials (XLB) and industrials (XLI) gave back -5% or more. Consumer discretionary (XLY) and consumer staples (XLP) subtracted -4% or more. Real estate (XLRE) retraced more than -3%. Utilities (XLU) pulled back more than -2%. Energy (XLE) came out the best this week, only losing -0.80%.

The Dow Jones index fell into correction territory, losing -5.61% this week (falling -11.6% since its 52 week high). The Nasdaq gave back a whopping -7.31% for the week.

Shares of Facebook dragged down the tech sector and equities on Monday as analytics firm Cambridge Analytica gathered data from 50 million Facebook profiles without the permission of its users. Said analytics firm worked with the Trump campaign in 2016. Stocks rebounded on Tuesday as investors shifted their focus toward the ongoing Fed meeting and Fed Chair’s news conference on Wednesday. Equities finished lower on Wednesday as Fed Chair Powell struck a hawkish tone by saying the Trump administration’s trade policy has become a growing concern among Federal Reserve members.

Stocks sank on Thursday as the Dow dropped more than 700 points as the Trump administration announced $60 billion in tariffs against China for intellectual property theft. Investors ended the week on Friday by pressing the sell button while a possible trade war between the U.S. and China heats up. China responded to the $60 billion in tariffs by proposing a list of 128 U.S. products as retaliation targets.

The SPY’s (S&P 500) top 10 holdings weekly performance…

  • AAPL -7.35%
  • MSFT -7.84%
  • AMZN -4.84%
  • FB -13.89%
  • BRK.B -7.01%
  • JPM -7.30%
  • JNJ -6.42%
  • GOOG -10.05%
  • GOOGL -9.51%
  • XOM -2.97%

Credit: Sector Graph provided by Sector SPDR app. Sector breakdown provided by Charles Schwab. Sector heat map provided by finviz. Information Credit: News Headlines and quotes were taken from CNBC in the writing of this post.

S&P 500 Sector Graph

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S&P 500 (SPY)

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Consumer Discretionary (XLY)

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Consumer Staples (XLP)

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Energy (XLE)

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Financials (XLF)

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Real Estate (XLRE)

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Healthcare (XLV)

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Industrials (XLI)

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Materials (XLB)

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Technology (XLK)

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Utilities (XLU)

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S&P 500 Sector Heat Map

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