In 2017, the US stock market experienced a remarkable year, with several sectors outperforming the others. This article aims to provide a comprehensive review of the key sectors that stood out in the market during that year. We will delve into the factors that contributed to their growth, analyze the trends, and highlight some notable stocks from each sector.
Technology Sector: Leading the Pack

The technology sector was undoubtedly the standout performer in 2017. Fueled by the rise of cloud computing, artificial intelligence, and 5G technology, the sector experienced significant growth. Amazon (AMZN) and Apple (AAPL) were two of the biggest winners, with their stocks soaring by more than 50% and 40% respectively.
The surge in the technology sector was primarily driven by the increasing demand for digital services and the growing adoption of technology in various industries. Companies like Facebook (FB), Microsoft (MSFT), and Google (GOOGL) also saw substantial growth, as they continued to expand their presence in different markets.
Energy Sector: A Comeback Story
After several years of struggling with low oil prices, the energy sector made a remarkable comeback in 2017. The increase in oil prices and the rise in demand for natural gas contributed to the sector's recovery. ExxonMobil (XOM) and Chevron (CVX) were two of the top-performing stocks in the sector, with their shares gaining around 25% and 20% respectively.
The comeback of the energy sector was also attributed to the increasing focus on energy efficiency and the development of renewable energy sources. Companies like BP (BP) and Royal Dutch Shell (RDS.A) also benefited from the sector's revival.
Healthcare Sector: Nurturing Growth
The healthcare sector continued to grow in 2017, driven by advancements in medical technology and the aging population. Johnson & Johnson (JNJ) and Merck & Co. (MRK) were among the top performers, with their stocks gaining more than 20% and 15% respectively.
The sector's growth was further bolstered by the approval of new drugs and medical devices, as well as the increasing demand for healthcare services. Companies like Amgen (AMGN) and AbbVie (ABBV) also saw substantial growth, as they continued to innovate and expand their product portfolios.
Financial Sector: Stability and Growth
The financial sector, particularly the banking and insurance segments, experienced stable growth in 2017. JPMorgan Chase (JPM) and Bank of America (BAC) were among the top performers, with their shares gaining around 20% and 15% respectively.
The sector's growth was attributed to the recovering economy, lower interest rates, and increased consumer spending. Companies like Wells Fargo (WFC) and Morgan Stanley (MS) also saw significant growth, as they focused on expanding their global footprint and diversifying their revenue streams.
Conclusion
In 2017, the US stock market saw impressive growth across various sectors. From technology to energy and healthcare, investors had a plethora of opportunities to capitalize on. While past performance is not a guarantee of future results, understanding the trends and factors that contributed to the growth of these sectors can provide valuable insights for investors looking to make informed decisions in the future.
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