The Dow Is Beating the S&P 500. The Market Is In Risk-Off Mode.
The Dow turned higher Friday afternoon, while the S&P 500 and Nasdsaq Composite lagged behind.
Consumer staples, health care, and utilities were the only sectors working as traders flipped into risk-off mode on Friday.
The S&P 500’s consumer staples sector was up 0.9%, while utilities were up 0.5%. Health care was up 0.2%. The other eight major sectors were down on the day.
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