On a trading day that saw the S&P 500 gain 0.2%, the Consumer Cyclical sector (XLY) showed little change.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, the S&P 500 was up -0.9% over the last seven trading days, but XLY was down 1.4%.
The Dixie Group (DXYN) was one of the sector's big losers, as its price dropped 7.8% (-33 cents) to close at $3.92. 6,645 shares of the stock moved. The stock traded between $3.86 and $4.25.
Increasing 7% (+$2.02) to close at $30.79, Tesla Motors (TSLA) was a major gainer in the sector. Today, 2.4 million shares traded hands. The stock traded in a range of $30 to $31.34. The stock has been on a downward trajectory over the last two months, dipping $3.29 (-9.7%) from a price of $34.08 on March 23, 2012.
Cooper Tire & Rubber Company (CTB) rose 3.2% to close at $15.33, cross its 50-day moving average of $15.27 and 200-day moving average of $14.87. Weyco Group (WEYS) declined 1.7% to close at $23.12, moving below its 50-day moving average of $23.08 and 200-day moving average of $23.75.
Ethan Allen Interiors (ETH) rose 4.1% to close at $22.81, approaching its 50-day moving average of $23.09. It has also moved closer to its 200-day moving average of $22.93. Unifi (TWI) fell 3.1% to close at $10.50, moving closer to its 50-day moving average of $10.36. Also, the stock moved closer to its 200-day moving average of $23.38.
Motorcar Parts of America (MPAA) hit a new 52-week low today, hitting $5.02 to fall below the previous low of $5.30.