The Capital Goods sector (XLI) held steady on a trading day that saw S&P 500 drop 1%.
The ETF, as a proxy for the sector, tracked farther from the overall market today than over the past month. As trading began today, XLI was up 2.5% over the last thirty trading days while the S&P 500 climbed 2.7%.
Nobility Homes (NOBH) was a major gainer in the sector, rising 7.1% (+37 cents) to close at $5.57 with 4,519 shares moving. The stock traded in a range of $5.01 to $5.72. Breeze-Eastern Corporation (BZC) and ENGlobal Corporation (ENG) also gained for the sector today.
Trinity Industries (TRN) was a major loser in the sector. Its price dropped 5.6% (-$1.37) to close at $23.25, as 702,775 shares moved. The stock traded in a range of $23.18 to $24.23. The stock has fallen over the last three months, dropping $7.16 (-23.5%) from $30.41 on April 10, 2012.
Gardner Denver (GDI) fell 3.2% to close at $52.30, crossing its 50-day moving average of $53.23. Meanwhile, Synalloy Corporation (SYNL) climbed 1.3% to close at $11.80, moving past its 200-day moving average of $11.73.
BE Aerospace (NDSN) fell 3% to close at $43.25, moving closer to its 50-day moving average of $43.02. Also, the stock moved closer to its 200-day moving average of $50.49. U.S. Lime \x26 Minerals (USLM) rose 1.2% to close at $48.55, getting closer to its 200-day moving average or $53.49.
The Goldfield Corporation (GV) hit a new 52-week high today, reaching $2.58 to top the previous high of $2.49.