FA - Carpenter Technology top industrial gainer while building stocks among losers
Top gainers for the week ending March 25 did not see extravagant gains like last week, while building products related stocks formed the majority of the worst five decliners. S&P 500 closed north of its 200-day moving average and now hinges at its 100-day moving average, slightly above the 4,500 marker. The SPDR S&P 500 Trust ETF (SPY) +1.84% was in the green for the second week in a row. YTD the ETF is -4.69%. Nine out of 11 sectors of the S&P 500 saw gains for the week. The Industrial Select Sector SPDR (XLI) +0.86% too saw green for the second straight week. YTD, XLI is -1.98%. The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than +9% with the top 3 running neck to neck. Carpenter Technology (NYSE:CRS) +11.96%. The specialty metals maker said at the start of the week that it would raise base prices by an average of
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Carpenter Technology top industrial gainer, while building stocks among losers