Reuters
Defensive stocks may be ripe for reversal after stellar December
NEW YORK (Reuters) -Investors have piled into traditionally defensive stocks in the last weeks of the year, spurring a rally some believe may lose steam early in 2022. The S&P 500’s top performing sectors this month are consumer staples, real estate investment trusts, healthcare and utilities. By contrast, the S&P 500’s energy and information technology sectors, among the year’s best performers, are up 2.9% and 3.3% for December.
