Top 3 Stocks Driving the Industrial Sector's Anticipated Breakout
ETNEaton(ETN) MarketBeat·2024-06-10 19:15

The overall market continues its impressive performance, with the SPDR S&P 500 ETF Trust NYSE: SPY up 12.35% year-to-date. While the tech sector has been the primary driver, other sectors have also contributed to the rally. One such sector is industrials, represented by the Industrial Select Sector SPDR Fund NYSE: XLI, which has lagged slightly behind the broader market, up 7.32% year-to-date. Over the past week, the XLI ETF has been consolidating in a tight range, with its 20 and 50-day Simple Moving Avera ...