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

Table 2

The width of the multifractal spectrum in equation (17) and degree of multifractality for the MATV for all the sectors.

Sector
Communication service	0.7323	−0.027	0.2179	0.7593	0.4818	−0.355
Consumer discretionary	0.6544	−0.0853	0.2041	0.7398	0.441	−0.2175
Consumer staples	0.7014	−0.1123	0.2092	0.8138	0.5147	−0.2098
Energy	0.7278	−0.0745	0.3099	0.8023	0.5065	−0.0419
Financials	0.9589	0.1443	0.3252	0.8146	0.5524	−0.5558
Health care	0.7071	−0.1023	0.1961	0.8094	0.5112	−0.2628
Industrials	0.6086	−0.0174	0.2692	0.626	0.3997	−0.0843
Information technology	0.7078	−0.0115	0.2422	0.7193	0.4391	−0.2948
Materials	0.9872	0.0828	0.3163	0.9044	0.6251	−0.4836
Real estate	1.0968	0.14	0.2992	0.9567	0.6838	−0.6673
Utilities	0.706	−0.1207	0.216	0.8267	0.5385	−0.1854