Economic Policy Uncertainty and Sectoral Trading Volume in the U.S. Stock Market: Evidence from the COVID-19 Crisis

Table 1

Summary statistics of MATV in the S&P 500 index. Here, the statistics are obtained based on scale-adjusted MATV (divided by 10 million).

Sectors	Observed	Mean	Maximum	Minimum	Standard deviation	Skewness	Kurtosis
Communication services	195	19.4914	33.7481	12.1475	3.8021	0.4977	0.4525
Consumer discretionary	195	10.9942	23.6278	6.5459	3.8239	1.1698	0.5081
Consumer staples	195	9.9723	24.7695	5.9175	2.8209	1.5751	3.8429
Energy	195	14.023	39.8828	7.8626	4.5355	2.1723	8.1248
Financial	195	13.3954	53.8857	3.5619	8.5303	1.9237	5.1907
Health care	195	8.1234	17.7929	4.5768	2.2544	1.2121	1.6574
Industrials	195	7.6887	23.1635	4.3141	3.0851	1.9966	5.0637
Information technology	195	33.5651	108.5334	11.6259	18.1847	0.8331	0.5104
Materials	195	6.8426	20.1044	3.0459	2.5255	1.509	4.2935
Real estate	195	3.8818	13.2393	1.0849	1.8127	1.7786	6.2873
Utilities	195	5.3573	10.6955	2.4811	1.3121	0.3104	1.9175