commodities

Energy, Health Care Lead as Tech Lags Into CPI Week

Published August 11, 20262 min read
Energy, Health Care Lead as Tech Lags Into CPI Week

The S&P 500 is barely moving, but underneath the index the leadership board flipped hard on Tuesday. SPY closed at $773.03, down 0.03% and still just below its 52-week high of $776.85, while Energy (XLE) jumped 4.66% and Health Care (XLV) added 1.67%. Tech (XLK) fell 0.88% and Real Estate (XLRE) dropped 1.29%, the two weakest large sectors on the day. That split, not the flat index print, is the story heading into this week's CPI release. Key Takeaways XLE led all sectors Tuesday at +4.66% while XLK, the year's most crowded trade with a 47.08% trailing 52-week return, fell 0.88%. The VIX rose 3.76% to 15.46 off levels near a 2026 low, and the SPX put/call ratio sits at 1.13 versus 0.61 for s…

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