Utilities, another defensive sector that benefits from falling interest rates as well, bucked the down trend, too.
Since December 29, 1952, the outpost was part of the 7th Infantry Division's defensive sector.
Drug stocks, one of the leading defensive sectors, were down sharply.
Not surprisingly, investors have turned to more defensive sectors of the market to cushion the bumpier ride they are now encountering.
Traditional defensive sectors have performed even better during these transitions.
Order all ships- all formations- to keep on the move within their assigned defensive sectors.
Drug stocks, traditionally a defensive sector, dropped yesterday amid signs of slow growth later this year.
But one of the defensive sectors often sought out in a weak economy - pharmaceutical companies - also fell.
He served in five offensive and one defensive sectors.
Conversely, the small-stock universe is less exposed to defensive sectors like health care and consumer staples.