Aerospace ETFs Try To Take Flight


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Industrial stocks struggled last year as the sixth-largest sector weight in the S&P 500 was confounded by, slumping oil prices, the rising dollar and slack demand for some transportation services, among other factors.

 

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The Industrial Select Sector SPDR (NYSE: XLI), the largest industrial sector exchange traded fund, is off more than nine percent over the past year. Last year, XLI and rival industrial ETFs were dragged lower last year by several of its marquee components. Caterpillar Inc. (NYSE: CAT), 3M Co (NYSE: MMM) and United Technologies Corporation (NYSE: UTX)

 

 

 


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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: Long IdeasNewsSector ETFsIntraday UpdateMarketsTrading IdeasETFsaerospaceaerospace ETFs