Since late February, when investors fell out of love with biotechnology and other high-flying stocks, the market's fuel has been oil. Energy names have been the best-performing sector in the S&P 500 since February 25 when the selloff in high-growth stocks began. The sector will look to build on recent gains when bellwethers Exxon Mobil Corp (XOM), Chevron Corp (CVX) and ConocoPhillips (COP) report results next week. That could continue: Morgan Stanley said in a recent note that strong rotations to value names are usually followed by longer periods of value leadership.
via Business News - Yahoo Finance http://ift.tt/1rs0dHb
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