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What Has Kept the Bull Alive
Two groups--technology and finance--accounted for 74% of profit increases
recorded by the S&P 500 in the past two years
SHARE OF S&P
PROFIT GROWTH*
FINANCIAL 38.4%
TECHNOLOGY & COMMUNICATIONS 35.4%
HEALTH 16.6%
UTILITIES AND TRANSPORTATION 10.3%
CAPITAL GOODS (EXCEPT COMPUTER) 8.8%
CONSUMER GOODS 0.7%
ENERGY AND BASIC MATERIALS -10.2%
*Fourth-quarter 1996 vs. fourth-quarter 1994, adjusted for mergers
DATA: STANDARD & POOR'S COMPUSTAT, BUSINESS WEEK
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Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
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