Quarterly Sector and Investment Research Update

 

Make informed decisions with comprehensive, data-driven investment research from Fidelity's Quantitative Market Research Team.

Technology, communications led in Q3.

Fourth Quarter 2025

Recorded by: Denise Chisholm

The information technology, communication services, and consumer discretionary sectors led the S&P 500® index in the third quarter of 2025. Consumer staples lagged the market over the same period. Over the past three years, information technology had the strongest returns relative to the S&P 500, while health care trailed the index the most.

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Related: The Case for Using a Sector Based Framework in Equity Portfolio Construction

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