Retail stocks do well after March S&P 500 rebalancing

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Retail stocks do well after March S&P 500 rebalancing
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Over the past decade, the best-performing S&P industry group in the month after a March S&P quarterly rebalance has been Retail.

div >div.group >p:first-child">A little reminder: the S&P 500 is a market-cap weighted index and rebalances four times each year.It trades higher 80% of the time with an average gain of more than 3%, according to a CNBC analysis using Kensho.

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