The S&P 500 lost 0.9% while the Capital Goods sector (XLI) showed little movement during trading today.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, XLI was down 0.5% over the last seven trading days while the S&P 500 went up -1.8%.
SIFCO Industries (SIF) was one of the sector's big losers, as its price dropped 8.3% (-$1.82) to close at $20.14. 18,009 shares of the stock moved. The stock traded in a range of $19.67 to $21.98.
Increasing 5.5% (+51 cents) to close at $9.79, Key Technology (KTEC) was a major gainer in the sector. Today, 3,463 shares traded hands. The stock traded in a range of $9.30 to $9.93. Over the last three months, the stock has lost $3.29 (-25.2%) from a price of $13.08 on April 26, 2012.
Astec Industries (ASTE) declined 6.1% to close at $27.52, moving below its 50-day moving average of $29.14 and 200-day moving average of $32.16. Pentair (PNR) climbed 4.7% to close at $41.46, moving past its 200-day moving average of $39.87.
Columbus McKinnon (CMCO) rose 2.3% to close at $14.45, approaching its 50-day moving average of $14.58. It has also moved closer to its 200-day moving average of $14.92. Watsco (TDG) fell 3.8% to close at $75.62, moving closer to its 50-day moving average of $74.96. Also, the stock moved closer to its 200-day moving average of $118.58.
Gencorp (GY) hit a new 52-week high today, reaching $7.86 to top the previous high of $7.82.
Alliant Techsystems (ATK) hit a new 52-week low today, hitting $43.08 to fall below the previous low of $44.50.