By JLP | October 2, 2008
For those who are interested, here’s a quick look at how the Dow Jones Sector Indexes performed during the month of September (total returns):
The average sector lost nearly 11% during the month of September alone. The worst-performing sector was the Basic Materials Index, which lost 22.5%. The best performing sector for the month of September was Consumer Goods, which was down 2.43%. Not one sector turned in a positive performance in September. It’s also interesting to note that NONE of the sectors are positive year-to-date (January 1 through September 30).
For those who are interested, I put together a table of year-to-date monthly returns for the ten indexes (click on the graphic to see a larger version):
Depending on how you look at it, 2008 will go down as either a bad year or a buying opportunity.