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Energy leads S&P 500 sector advances as Q1 draws to close

ReutersMar 31, 2025 5:57 PM

As Q1 draws to a close, energy .SPNY looked set to come out the top performer among the S&P 500's .SPX major industry sectors for the quarter, with a ~9% gain for the period

Energy, up 0.7% on Mon, is also among the best-performing sectors of the day, outperforming the broader market, with the S&P 500 last down 0.4% on the day and on track for a more than 5.5% loss for the quarter

Oil majors Exxon Mobil XOM.N, ConocoPhillips COP.N and Chevron CVX.N were giving energy its biggest boost on Mon, with oil prices hitting five-week highs on Russia and Iran supply concerns

Oil investors are worried supplies could fall if U.S. President Donald Trump follows through on threats to impose more tariffs on Russia and to possibly attack Iran

Consumer discretionary .SPLRCD looked to be S&P 500's worst-performing sector for the quarter, set for a decline of ~14.8%

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