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Communication Services Sector Shows Strongest Performance, Utilities Struggle in S&P 500

Summary by Ground News
The Communication Services sector has demonstrated the strongest performance among the S&P 500 sectors, with a return of approximately 40%. Only 22% of large-cap funds have outperformed their benchmarks so far this year. The NASDAQ Composite, which is heavily weighted towards technology companies, has seen a YTD increase of over 27%.
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Clayton County Register broke the news in Elkader, United States on Tuesday, October 3, 2023.
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