This Power Index update ranks S&P 500 sectors by relative performance for the current week. The S&P 500 declined 1.4% over the period, setting the benchmark for relative comparison.
Hierarchy based on weekly percentage change relative to the index (strongest to weakest):
Utilities — advanced to #1 with the strongest weekly gain in the universe.
Real Estate — climbed into second with clear relative acceleration.
Materials — secured third, maintaining upper-tier positioning.
Energy — entered the upper half on commodity resilience.
Consumer Staples — improved rank on defensive demand.
Industrials — held mid-pack stability.
Health Care — remained neutral with slight relative edge.
Communication Services — slipped into the lower half.
Consumer Discretionary — weakened further on growth sensitivity.
Technology — dropped materially in rank, exiting prior leadership.
Financials — fell to last place, the weakest sector for the week.
Multiple rank changes occurred. Defensive and rate-sensitive sectors consolidated influence at the top. Growth-heavy and yield-sensitive financial names moved decisively lower.
Seven sectors posted positive weekly returns despite a negative index. Four underperformed the benchmark. The reordering was structural rather than incremental.
The hierarchy now reflects a confirmed defensive tilt. Utilities, Real Estate, and Materials form the dominant tier. Technology and Financials anchor the bottom.
The Power Index records a completed rotation: leadership has shifted.