The good news is that the S&P 500 finished the first quarter up by 10 percent, and closed at at new record high on Thursday. Is there any bad news? Some financial experts are concerned that the sectors that have been leading the way this year are classic defensive areas, the kinds of investments people seek out when they're trying to be careful.
The top-performing sector for the S&P 500 so far this year has been health care, up 15.8 percent, followed by consumer staples, up 14.6 percent, and utilities, up 13.0 percent. These are the kinds of defensive sectors that investors turn to to preserve their gains, not the more aggressive sectors, like energy and tech, that might lead to more economic growth.
The worst-performing sectors in the S&P, by the way, are still doing well this year. The absolute worst is materials, which is still up by 4.8 percent. It's followed by the telecoms, which are up 9.5 percent.
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