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The Best and Worst Performing Sectors in 2023

The Best and Worst Performing Sectors in 2023

In 2023, the U.S. stock market saw surprisingly strong returns, even as interest rates climbed higher.

The S&P 500 rose over 24% amid exuberance around AI stocks and big tech, lifting returns across the index. Traditionally defensive stocks, on the other hand, declined. Overall the stock market recovered losses from 2022’s plunge, and is now hovering near all-time highs.

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