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So all defensive sectors but also well performing sectors," Ms Coffey says.
"Our view so far this year has been to play the more defensive sectors".
But one of the defensive sectors often sought out in a weak economy -- pharmaceutical companies -- also fell.
Meanwhile, defensive sectors like drugs and consumer products, which tend to do better in a slowing economy, traded higher.
But capping the Dow's rally was a decline in defensive sectors like drugs, energy, retailing and manufacturing.
"Many of the companies are in defensive sectors like telecommunications and pharmaceuticals, areas that people can't do without, no matter what crisis is going on".
Similar(19)
"They are known as a defensive sector and still offer significant potential".
The defensive sector has been a satisfaction for the club with Nelson Rivas and Matteo Ferrari taking care of business since they formed a pair.
A defensive sector in a bear market is a thing of beauty.
Carlson is less enthusiastic about another go-to defensive sector: utilities, a sector that investors ran to in 2007, attracted to steady earnings, decent dividends and solid demand.
Food Sector Looks Overvalued 05.17.02 In its zeal to find a defensive sector, Wall Street overlooked the food industry's deteriorating fundamentals.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com