Post Black Friday – Consumer Sector Returns
November 29, 2011 10:10 am
It was an impressive showing. Consumer related stocks had one heck of a run as the reports rolled in showing that shoppers spent much more than anticipated. Whether or not that will pass through to the bottom line is another story entirely, but investors were looking to get ahead of the move with a good deal of buying activity – (although volume was lower than average).
Below is the breakdown of the S&P 500 Consumer Sector into industries and their respective performance on Monday.