The Consumer Cyclical sector (XLY) showed little movement while the S&P 500 gained 0.2% during trading today.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLY was up 4% over the last thirty trading days while the S&P 500 was up 5.5%.
Harman International Industries Inc./DE (HAR) was a major gainer in the sector, rising 7.5% (+$3.17) to close at $45.68 with 1.9 million shares moving. The stock traded in a range of $42 to $46.03. Shares are up over the last two months, having risen $9.95 (27.8%) from a price of $35.73 on June 13, 2012. Bally Technologies (BYI) was another big mover, climbing $2.66 (+6.3%) to a closing price of $44.65.
Photronics (PLAB) rose 5.7% to close at $6.11, cross its 50-day moving average of $5.99 and 200-day moving average of $6.19. Steinway Musical Instruments (LVB) declined 3% to close at $23.93, moving below its 50-day moving average of $24.25 and 200-day moving average of $24.57.
Smith & Wesson Holding Corporation (SWHC) was one of the sector's big losers, as its price dropped 3.3% (-33 cents) to close at $9.59. One million shares of the stock moved. The stock traded in a range of $9.50 to $9.89.
LKQ Corporation (LKQ) hit a new 52-week high today, reaching $38.42 to top the previous high of $38.31.