The Capital Goods sector (XLI) showed little change during trading today while the S&P 500 rose 0.7%.
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 1.1% over the last thirty trading days while the S&P 500 climbed 2.2%.
Increasing 11.7% (+$1.48) to close at $14.15, AAR (AIR) was a major gainer in the sector. Today, 1.2 million shares traded hands. The stock traded in a range of $12.64 to $14.82.
Patrick Industries (PATK) was a major loser in the sector. Its price dropped 5.7% (-82 cents) to close at $13.50, as 105,302 shares moved. The stock traded between $13.22 and $14.49.
Michael Baker Corporation (BKR) rose 5.1% to close at $25.53, crossing its 50-day moving average of $24.30.
IDEX Corporation (IEX) rose 3.8% to close at $37.38, approaching its 50-day moving average of $38.41. It has also moved closer to its 200-day moving average of $39.81. Titan Machinery (CX) fell 3.5% to close at $30, moving closer to its 50-day moving average of $29.56. Also, the stock moved closer to its 200-day moving average of $6.45.
James Hardie Industries SE (JHX) hit a new 52-week high today, reaching $45.95 to top the previous high of $43.34.