On Friday, we got a reminder of how markets so often react to geopolitical conflict.
While most sectors sold off as Israel launched a missile strike against Iran, the energy sector surged as oil prices spiked higher. It wasn’t long before Iran responded with its own missile attack, which in turn instilled fears of a more prolonged conflict.
You can see how, by Friday’s close, the energy sector was the only sector with meaningful gains – a full six percentage points better than the S&P 500’s marginal loss of 0.4%.
Now, let’s see how notable stocks within last week’s best- and worst-performing sectors are looking…
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