Energy Bucks the Selloff as VIX Climbs to 18.77
The S&P 500's July 20 session illustrated what a healthy market rotation actually looks like. SPY, the S&P 500 ETF, closed at $743.29, off 0.99% on the day, but the index-level number masks a more interesting story underneath: Energy was the best-performing sector, up 1.16%, while Communication Services shed 1.78% and Technology dropped 1.09%. The VIX climbed 12.19% to 18.77. This is the third consecutive week of the same pattern. Key Takeaways SPY closed at $743.29 (-0.99%) on July 20 as the VIX rose 12.19% to 18.77, signaling elevated near-term volatility. Energy (XLE, +1.16%) was the session's standout against a broadly red tape, while Communication Services (XLC, -1.78%) led declines. IW…
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