• Sat. May 18th, 2024

Industrial Select Sector: A Mixed Bag of Gains and Losses in the Capital Markets

BySamantha Jones

Apr 24, 2024
Industrial leaders: Wilhelmina, Solidion Technology, and Jayud Global Logistics

In the stock market, Wilhelmina International (WHLM) saw a significant increase of 45%, while Solidion Technology (STI) went up by 15%. C3is (CISS) and Globavend (GVH) both experienced gains of 12% and 9%, respectively. Westinghouse Air Brake Technologies (WAB) also saw a 9% increase. On the other hand, Jayud Global Logistics (JYD) and LanzaTech Global (LNZA) were among the losers with a decrease of 14% and 12%, respectively. Old Dominion Freight Line (ODFL) and Serve Robotics (SERV) also experienced losses of 10% and 9%. ArcBest (ARCB) saw an 8% decrease.

The S&P 500 Industrials Sector experienced a decline of -1.54% to -1025.55. The Capital Goods sector, which contributes -69.8% to the index, saw a decrease of -1.2% to -1112.98. Commercial & Professional Services experienced a decline of -0.5% to -609.58, while the Transportation sector saw a significant decline of -3.47% to -991.07.

Overall, the Industrial Select Sector SPDR ETF saw a mix of gains and losses across different companies within the sector, with Jayud Global Logistics and LanzaTech Global leading the way in losses for their respective sectors, while Westinghouse Air Brake Technologies led in gains for their specific company in the industrials sector as well as C3is in capital goods sector and SERV in transportation sector were among gainers

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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