Q2 Winners And Losers: Who Were The Top And Bottom Contributors To The S&P
In the second quarter, despite the ludicrous ramp in the S&P on the last day of the month on what has now been proven to be yet another fizzled European summit, the S&P dropped by 275 bps. Below is the full breakdown of which sectors contributed or detracted from the S&P's performance, as well as which companies were the biggest winners and losers in the quarter. In short: boring old Telecom (AT&T and Verizon at the top), Consumer Staples and Utilities did great, while IT, Financial and Energy got crushed.
Q2 S&P Composition:
Top 10 Contributors to the S&P:
Bottom 10 Contributors to the S&P: