About Stock Market Sectors
GICS Classification
The Global Industry Classification Standard (GICS) divides the stock market into 11 sectors: Technology, Healthcare, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.
Cyclical vs Defensive
Cyclical sectors (Technology, Consumer Discretionary, Industrials) perform better during economic expansion. Defensive sectors (Utilities, Healthcare, Consumer Staples) are more resilient during downturns.