Strong performance for health care sector

By Staff | January 11, 2013 | Last updated on January 11, 2013
1 min read

Throughout the fourth quarter 2012 corporate earnings reporting session the health care sector led other sectors in the U.S. large-cap stocks, as reflected by the Russell 1000 Index, and U.S. small cap stocks, as reflected by the Russell 2000 Index, as of January 9.

The Russell 1000 Index of large-cap U.S. stocks has returned +2.6% year-to-date as of January 9th. Within the Index, the health care sector has led with a +4.1% return year-to-date, followed by the financial services (+3.5%) and materials and processing (+3.4%) sectors for the same period.

The Russell 2000 Index of small-cap U.S. stocks has returned +3.6% year-to-date as of January 9th. Within the Index, the health care sector has returned +6.0%, followed by the materials and processing (+3.8%), producer durables (+3.7%) and financial services (+3.7%) sectors for the same period.

And the Russell 2000 Index and the Russell 1000 Index Health Care sector reached all-time high values in terms of total return on January 9, 2013.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.