Cyclical Stocks Are Staging Comeback

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Cyclical Stocks Are Staging Comeback
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Shares of economically sensitive companies like manufacturers, energy companies and banks are powering the latest leg of the stock market’s rebound

The industrials and energy sectors logged the biggest gains in the S&P 500 last week, while the financials group also rallied.

It was a rare period of outperformance in what has otherwise been a punishing year for cyclical stocks and marked the first time since early January that industrials were the top performing group.

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