The term market sector is used in economics and finance to describe a part of the economy. It is usually a broader term than industry, which is a set of businesses that are buying and selling such similar goods and services that they are in direct competition with each other. Analysts divide the stock market itself into market sectors so that shares of companies that are in direct competition are listed alongside each other.
In the bond market it refers to the division of the market by the type of issuer (e.g. government, state, corporate, or utility).
See also
Stock Market Sectors Explained - Stock Sectors List and Their Importance When Trading - In this stock market sectors explained video you'll see the stock sectors list and learn of their importance when trading. Click the link below to join the Bullish Bears community, trading...
- Economic sector
- Global Industry Classification Standard (GICS)
- Industry Classification Benchmark (ICB)
- Market segment
- S&P 500 Index
- Thomson Reuters Business Classification (TRBC)
References
