NYSEArca - Delayed Quote USD

Industrial Select Sector SPDR Fund (XLI)

122.46

+0.37

(+0.30%)

At close: April 25 at 4:00 PM EDT

122.00

-0.46

(-0.38%)

After hours: April 25 at 7:47 PM EDT

The market is saying there's no 'growth problem': Strategist

Despite Thursday's weaker-than-expected GDP figure, which hinted at a slowing economy, Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner joins Market Domination to explain why this number doesn't accurately reflect the economy's growth trajectory. Lerner argues that the GDP data was fine "underneath the hood," showing that consumers and businesses were still spending, and underlying demand remained robust. He notes, "the market's hanging in there relatively well," emphasizing that a deeper examination of the GDP components revealed "there's still solid economic growth." On the inflation front, Lerner acknowledges that he had anticipated a post-pandemic economic slowdown. However, even with solid growth, he remains optimistic that inflation can be brought down to the 2% target. Addressing concerns about stagflation, he states, "It's a risk, not our base case." Lerner points to the strong performance of the energy (XLE), financials (XLF), and industrials (XLI) sectors as evidence that "the market is telling you that we don't have a growth problem at this point." This market behavior reinforces his view that the underlying economic fundamentals remain robust, despite the weaker GDP reading. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 5 hours ago

XLI
+0.30%
XLE
+0.46%
^IXIC
Why stocks could still rise even as rate cut hopes fade

Wall Street strategists believe stocks can keep moving higher even as rate cut hopes dampen as long as the outlook for earnings and the economy remain positive.

Yahoo Finance 14 days ago

^RUT

XLI
+0.30%
^TNX
Earnings season to test breadth of stock market rally

First quarter earnings reports are expected to show signs that other areas of the market could catch up to tech's growth later in 2024.

Yahoo Finance 16 days ago

^IXIC

SPY

^GSPC
Powell's speech, commodities on the rise: Top takeaways

Inflation data, in all its forms, has been under a microscope as the Federal Reserve has made it clear that it wants more data to inform its next decision on interest rates. Fed Chair Jerome Powell made a speech on Wednesday reiterating the point that it relies on inflation data, that inflation is on a "bumpy" path to the target goal, and that an interest rate cut is likely to happen within the year. Commodities have been on the rise as inflation remains and supply issues have boosted prices for commodities like golld (CC=F), while the energy sector continues to perform poorly in the long term, but may have room to grow Yahoo Finance Reporter Josh Schafer joins Market Domination Overtime to break down the top takeaways from the trading day for April 3. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 22 days ago

XLI
+0.30%
HG=F

XLE
+0.46%
Stocks just had their best first quarter in 5 years — here's where strategists think the market is headed

With stocks off to their best start in five years, many strategists on Wall Street still make a case for the S&P 500 to keep chugging higher.

Yahoo Finance 26 days ago

^GSPC

^DJI

XLI
+0.30%
The S&P 500 is up 5 months straight — and history favors momentum

The S&P 500 has had a remarkable run over the past five months, chalking up a 25% gain. But contrary to feelings that things have risen too quickly, history says that strength begets strength.

Yahoo Finance 29 days ago

^TNX

^IXIC

DX-Y.NYB
Daily record highs across the S&P 500 are telling investors this rally is broadening

Despite the "Magnificent Seven" — or three — powering the S&P 500, the long list of companies hitting new record highs shows another side of the market concentration conversation.

Yahoo Finance last month

^TNX

JBLU

MCD
The downside risks hidden in a 'normal' market pullback: Morning Brief

This week saw the stock market's biggest one-day drop — and bounce back. But has anything changed?

Yahoo Finance 2 months ago

^TNX

XLF
-0.58%
QQQ
History suggests stocks are due for a pause as market soars

The S&P 500 is at record highs, but there are historical reasons that point to a potential pause on gains as other sectors catch up to the concentrated few that have been powering the market.

Yahoo Finance 2 months ago

^GSPC

XLV
-0.67%
SPY
The 2023 stock market rally isn't just about 7 stocks anymore

The market rally over the last month hasn't been driven by the "Magnificent Seven" tech stocks, a promising sign that it has legs.

Yahoo Finance 4 months ago

XLK
-0.22%
TSLA

GOOG
Wall Street bull makes case for S&P 500 to hit 5,200 in 2024

Oppenheimer's John Stoltzfus sees rate cuts and a resilient economy driving the S&P 500 to new highs next year.

Yahoo Finance 4 months ago

XLY
+0.09%
^DJI

^IXIC
The 2023 stock market rally got a lot healthier in June and July

After narrow leadership earlier in the year, broader participation in this year's stock market rally helped turn aside one of the most popular bear cases that nagged markets into the summer months.

Yahoo Finance 8 months ago

GOOG

GOOGL

XLB
+0.71%
Industrial ETF (XLI) Hits New 52-Week High

This industrial ETF hits a new 52-week high. Are more gains in store for this ETF?

Zacks 9 months ago

XLI
+0.30%
Debt ceiling done, Fed goes quiet: What to watch this week

With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.

Yahoo Finance 10 months ago

^DJI

XLB
+0.71%
KRE
JPMorgan stock rises after rescuing First Republic Bank

Yahoo Finance's markets reporter Ines Ferre joins the Live Show to discuss JPMorgan's rise in stock after acquiring First Republic Bank and how other stocks are trading.

Yahoo Finance Video 11 months ago

JPM

XLV
-0.67%
FTC

Performance Overview

Return	XLI	Category
YTD	+7.44%	+6.61%
1-Year	+23.09%	+21.15%
3-Year	+8.04%	+5.84%

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Industrial Select Sector SPDR Fund (XLI)

The market is saying there's no 'growth problem': Strategist

Why stocks could still rise even as rate cut hopes fade

Earnings season to test breadth of stock market rally

Powell's speech, commodities on the rise: Top takeaways

Stocks just had their best first quarter in 5 years — here's where strategists think the market is headed

The S&P 500 is up 5 months straight — and history favors momentum

Daily record highs across the S&P 500 are telling investors this rally is broadening

The downside risks hidden in a 'normal' market pullback: Morning Brief

History suggests stocks are due for a pause as market soars

The 2023 stock market rally isn't just about 7 stocks anymore

Wall Street bull makes case for S&P 500 to hit 5,200 in 2024

The 2023 stock market rally got a lot healthier in June and July

Industrial ETF (XLI) Hits New 52-Week High

Debt ceiling done, Fed goes quiet: What to watch this week

JPMorgan stock rises after rescuing First Republic Bank

Performance Overview