The broad asset classes maintained a bullish front last year, as we noted on Tuesday, and the trend held true among for equity sectors.
Breaking the S&P 500 into its 10 sectors reveals that 2006 was a winning year across the board for large-cap equities. As our tables below document, gains were easy find last year, no matter the sector.
The bottom performer in 2006 was healthcare, which delivered a relatively mild 5.8% price gain, or less than half of the S&P 500’s price change last year. The top performer was telecom services, which displaced energy, which was the leader for both 2004 and 2005.