The stock market’s day-to-day narrative can change on a dime, and this week’s theme of a pullback in precious metals and bitcoin continued early on Thursday. Let’s set the stage for a stock screen by looking at a summary of weighted price changes for the S&P 500’s sectors.
Through Wednesday, the S&P 500 SPX was up for 0.5% for 2026, excluding dividends, despite significant pullbacks for some of its components with the heaviest weightings. For example, shares of Microsoft MSFT stock were down 14.4% year-to-date. The company makes up 5.2% of the $706 billion SPDR S&P 500 ETF Trust SPY, which tracks the S&P 500 by holding all of its stocks. The exchange-traded fund, like the index, is weighted by market capitalization.
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These 10 industrial stocks look ripe as investors rotate toward the sector
The stock market’s day-to-day narrative can change on a dime, and this week’s theme of a pullback in precious metals and bitcoin continued early on Thursday. Let’s set the stage for a stock screen by looking at a summary of weighted price changes for the S&P 500’s sectors.
Through Wednesday, the S&P 500 SPX was up for 0.5% for 2026, excluding dividends, despite significant pullbacks for some of its components with the heaviest weightings. For example, shares of Microsoft MSFT stock were down 14.4% year-to-date. The company makes up 5.2% of the $706 billion SPDR S&P 500 ETF Trust SPY, which tracks the S&P 500 by holding all of its stocks. The exchange-traded fund, like the index, is weighted by market capitalization.