Tech stocks are driving the majority of the market's gains this year: The Information Technology sector is up +36.8% year-to-date, making it the 2nd-best-performing sector in the S&P 500.

It has contributed +10.5 percentage points to the index's +14% gain, the largest contribution of any sector. Meanwhile, Energy has delivered the strongest return, up +53.3%, but contributed just +1.0 percentage point to the index's gain. This is followed by Materials, Healthcare, Consumer Staples, and Industrials, which are up +11.0%, +11.0%, +10.5%, and +9.6%, respectively. Together, these 4 sectors have contributed just +3.0 percentage points to the S&P 500's gain. Tech is carrying the entire market.

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