BOSTON ( TheStreet) -- The S&P 500, the most followed benchmark for U.S. equities, has risen a paltry 1.1% this year. What's worse, the index has fallen 7.2% from its 52-week high, which was reached two months ago, though many stocks have dropped even more.Technology has been the worst-performing sector. Semiconductor bellwether Micron ( MU) tumbled 14% June 24, following a weaker-than-expected earnings report, and Oracle ( ORCL) declined 4% as its hardware unit's sales missed analysts' estimates. With the S&P 500 trading at its cheapest level in months, the laggards merit attention.
-- Written by Jake Lynch in Boston.
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