Economically sensitive sector funds outperformed those that have done well during the coronavirus pandemic Tuesday, as investors continued to look forward to a post-lockdown world. The Energy Select Sector SPDR Fund /zigman2/quotes/206420077/composite XLE +2.60% was 3.5% higher by late morning, making it the biggest gainer among the exchange-traded funds that track the 11 sectors of the S&P 500. The Consumer Discretionary Select Sector SPDR Fund /zigman2/quotes/200844504/composite XLY +2.35% gained 1.6%, and the Financial Select Sector SPDR Fund /zigman2/quotes/209660484/composite XLF +3.13% was up 1.2%. The day's biggest loser was the Communication Services Select Sector SPDR Fund /zigman2/quotes/204079482/composite XLC +2.56% , down nearly 1%, which contains stocks that enabled remote work through the pandemic, as well as social-media giants like Facebook Inc. /zigman2/quotes/205064656/composite FB +2.83% , which have faced criticism over their handling of content blamed for contributing to election-related violence.
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