What Sectors Are Not Getting Hit by the Market Sell-Off?
The S&P 500 index has fallen about 4.5% since the Middle East war started, but some sectors like energy, computer hardware, and cybersecurity are performing well. Energy stocks are up due to soaring oil prices, while computer hardware and cybersecurity stocks are benefiting from AI-driven demand and geopolitical tensions.
The S&P 500 index has dropped 4.5% since the Middle East war began. Energy stocks are up due to high oil prices. ExxonMobil, Chevron, and ConocoPhillips have seen gains. Computer hardware stocks like Sandisk and Western Digital are also performing well. Cybersecurity stocks like Palantir Technologies and Palo Alto Networks are gaining from ongoing geopolitical hostilities. These sectors are outperforming the rest of the market despite the war and soaring oil prices.
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