S&P 500 Posts 0.6% Weekly Gain as Telecom, Consumer Staples Climb But Energy, Materials Weigh

The Standard & Poor’s 500 index rose 0.6% this week, with the telecommunications and consumer-staples sectors leading to the upside while the energy and materials sectors weighed amid declines in related commodities. The market benchmark ended the week at 2850.13, up from last week’s closing level of 2,833.28. The weekly gain came as many sectors were boosted throughout the week […]