Energy Sector Reaches 50% Year-to-Date Gain in 196 Trading Days
Bespoke Investment Group says the energy sector reached a 50% year-to-date gain after 196 trading days, its fifth-fastest such rally among S&P 500 sectors since 1990.
Energy stocks have quietly produced one of the fastest sector rallies in more than three decades.The energy sector reached a 50% year-to-date gain after just 196 trading days, making the move the fifth-fastest 50% rally by any S&P 500 sector since 1990, according to Bespoke Investment Group.That pu…