WTI crude caps strong week on lower note
The S&P 500 has slipped back below its flat line with 30 minutes left to go in the session. The Russell 2000 is up 0.3%, extending its weekly gain to 7.6%. One last peak into the S&P 500 sectors shows energy (-1.2%) and financials (-0.6%) weighing on the broader market, while support is coming from the real estate (+1.5%), utilities (+0.4%), and communication services (+0.2%) sectors. WTI crude futures settled down $0.71 (-2.1%) to $33.25/bbl but still ended the week higher by 13.2%.