A Equity Volatility Calm Settles Over Most Industries: ChartBy
Calm enough for you yet? Price swings have slowed among S&P 500 Index groups, with 10 of 11 notching fewer moves of at least 1 percent on a closing basis this year than the average over the prior 15 years. The tranquility is especially pronounced for technology stocks, which have moved by that magnitude 27 percent of the time in 2016, 14 points less than the long-term average. Health-care stocks, 2016’s laggard in the S&P 500, are the outlier.