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Energy and materials stocks rose almost 3 percent.
Technology, telecommunications and materials stocks all ended lower.
Energy and materials stocks, particularly susceptible to demand related to the economic outlook, were down.
A decline in commodities took a toll on materials stocks, tempering some of the momentum.
Energy stocks and materials stocks had the biggest gains, each up 1 percent.
Energy, financials and materials stocks lost the most on Friday, or more than 3percentt each.
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Energy and raw-materials stocks led gains among 10 groups in the S.& P. 500, while consumer shares had the biggest decline.
That's far lower than the P/E of other large-cap basic-materials stocks, which average a forward P/E of 25.
Why, that's far lower than the P/E of other large-cap basic-materials stocks, which average a forward P/E of 25.
In the blue chip market, the Dow Jones Industrial Average fell 0.1%, depressed by profit taking in basic-materials stocks such as International Paper and Alcoa.
In the blue chip market, the Dow Jones Industrial Average fell 0.1%, depressed by profit taking in basic-materials stocks such as International Paper ip and Alcoa aa.
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