One way to encourage portfolio diversification is to add stocks from different sectors. There are 11 stock market sectors and understanding them can potentially help you become a better investor.

A business's sector is defined according to the kinds of products or services it offers. In the GICS system, there are 11 sectors, and these break down into 24 industry groups.

However, hiring proved to be lackluster beyond those sectors of the economy in March. Social assistance hired 9,000 workers in March, while wholesale trade saw its payroll rise by 8,500.

Question: I’d love to see a discussion on future growth in the American economy. As we’ve witnessed, the financial services sector clearly has a limits to what it can yield. What are the ...