S&P 500's weekly market breakdown, sector performance

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The S&P 500 on Friday recorded its strongest week in over a month, with gains of 4.26%. It was its second straight week ending in the green. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) rose along with the benchmark index, closing +4.28% for the week. The ETF is -13.26% YTD.

10 of the 11 sectors in the S&P 500 were up for the week, with Energy the top gainer and Communication Services the top loser. See below a breakdown of their weekly performance as well as the performance of their accompanying SPDR Select Sector ETFs from Jul. 22 close to Jul. 29 close:

#1: Energy +9.33%, and the Energy Select Sector SPDR ETF (XLE) +10.22%.

#2: Utilities +7.05%, and the Utilities Select Sector SPDR ETF (XLU) +6.51%.

#3: Real Estate +5.03%, and the Real Estate Select Sector SPDR ETF (XLRE) +4.92%.

#4: Industrials +4.96%, and the Industrial Select Sector SPDR ETF (XLI) +5.74%.

#5: Consumer Discretionary +4.25%, and the Consumer Discretionary Select Sector SPDR ETF (XLY) +5.22%.

#6: Information Technology +3.63%, and the Technology Select Sector SPDR ETF (XLK) +5.10%.

#7: Materials +2.62%, and the Materials Select Sector SPDR ETF (XLB) +4.09%.

#8: Financials +2.31%, and the Financial Select Sector SPDR ETF (XLF) +2.93%.

#9: Consumer Staples +1.98%, and the Consumer Staples Select Sector SPDR ETF (XLP) +1.76%.

#10: Health Care +1.56%, and the Health Care Select Sector SPDR ETF (XLV) +1.98%.

#11: Communication Services -1.96%, and the Communication Services Select Sector SPDR Fund (XLC) +0.68%.

Below is a chart of the 11 sectors’ YTD performance and how they fared against the S&P 500. For investors looking into the future of what’s happening, take a look at the Seeking Alpha Catalyst Watch to see next week’s breakdown of actionable events that stand out.