Weekly Market Update: Stocks Flat as Healthcare Rises, Communication Services Fall
Reddit and ServiceNow were among the week’s worst performers.
Stock Market Performance Summary
Morningstar US Total Market Index Performance
- Week ended Oct. 30: -0.42%
- Quarter to date: 1.04%
- Year to date: 12.80%
- Trailing 12 months: 12.10%
Sector and Style Performance for the Week Ended Oct. 30
- The best-performing sectors were healthcare, up 3.06%, and utilities, up 2.00%.
- The worst-performing sectors were communication services, down 5.47%, and technology, down 1.80%.
- Large-cap stocks fell 0.63%, mid-cap stocks rose 0.84%, and small-cap stocks rose 1.08%.
- Growth stocks fell 1.78%, blend stocks fell 0.44%, and value stocks rose 1.25%.
Other Key Stats
- The S&P 500 fell 0.57%, and the Nasdaq fell 2.00%.
- Of the 878 US-listed companies covered by Morningstar, 542, or 62%, were up, one was unchanged, and 335, or 38%, were down.
Bonds and Commodities
- Yields on 10-year US Treasury notes fell to 4.94% from 5.00%.
- Yields on 2-year US Treasury notes fell to 4.56% from 4.69%.
- West Texas Intermediate crude prices fell 0.41% to $103.02 per barrel.
- Comex Gold prices fell 2.88% to $3,879.3...