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XLI Industrial Select Sector

121.82
0.00 (0.00%)
Pre Market
Last Updated: 11:32:10
Delayed by 15 minutes
Name Symbol Market Type
Industrial Select Sector AMEX:XLI AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 121.82 9 11:32:10

Durable Goods Boosted by Jets - Real Time Insight

24/08/2012 9:25am

Zacks


Durable goods orders for July come in looking a lot like the June numbers, with surprising strength built on aircraft.

The headline number is +4.2%, when the consensus expectation was closer to 2%.

But, strip out the transports component and you get -0.4%, vs an expectation of +0.4%.

I look forward to Sheraz and John breaking down more of the internals here and interpreting this continuation of what appears to be weaker fundamental trends.


 
SPDR-SP 500 TR (SPY): ETF Research Reports
 
SPDR-INDU SELS (XLI): ETF Research Reports
 
SPDR-TECH SELS (XLK): ETF Research Reports
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

1 Year Industrial Select Sector Chart

1 Year Industrial Select Sector Chart

1 Month Industrial Select Sector Chart

1 Month Industrial Select Sector Chart