The Capital Goods sector (XLI) showed little movement while the S&P 500 gained 0.5% during trading today.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLI was down 2.1% over the last thirty trading days. The S&P 500, in comparison, went up -0.1%.
M/I Homes (MHO) was a major gainer in the sector, rising 9.3% (+$1.29) to close at $15.22 with 341,976 shares moving. The stock traded in a range of $14.05 to $15.55. Over the last three months, the stock has gained $2.60 (20.6%) from a price of $12.62 on March 29, 2012.
Toll Brothers (TOL) rose 5.3% to close at $26.89, cross its 50-day moving average of $25.97 and 200-day moving average of $23.66.
AGCO Corporation (AGCO) rose 3.8% to close at $41.30, approaching its 50-day moving average of $41.58. It has also moved closer to its 200-day moving average of $45.44. L-3 Communications (BECN) fell 0.7% to close at $71.31, moving closer to its 50-day moving average of $70.19. Also, the stock moved closer to its 200-day moving average of $23.72.
SIFCO Industries (SIF) was one of the sector's big losers, as its price dropped 6.2% (-$1.38) to close at $20.76. 6,605 shares of the stock moved. The stock traded in a range of $20.52 to $22.18.
Meritage Homes Corporation (MTH) hit a new 52-week high today, reaching $31.73 to top the previous high of $31.20.
Rofin-Sinar Technologies (RSTI) hit a new 52-week low today, hitting $17.86 to fall below the previous low of $18.21.