S&P 500 Sector Performance and Analyst Forecasts for 2026

In January, the S&P 500 rallied 1.4%, with energy, materials, consumer staples, industrials, and communication services sectors leading with gains of 14.4%, 8.6%, 7.5%, 6.6%, and 5.7%, respectively. The top 10 performers included Sandisk Corp., Moderna Inc., Seagate Technology Holdings PLC, Micron Technology Inc., and Western Digital Corp. Earnings growth for Q4 is forecast to come in at 10.9%, with technology having the highest growth rate at 30%.