The stock market saw gains and losses across different sectors. In the Industrials Sector, Wilhelmina International (WHLM) experienced a significant increase of 45%, while Solidion Technology (STI) went up by 15%. C3is (CISS) and Globavend (GVH) also saw gains of 12% and 9%, respectively. Westinghouse Air Brake Technologies (WAB) also experienced an increase of 9%. On the other hand, Jayud Global Logistics (JYD), LanzaTech Global (LNZA), Old Dominion Freight Line (ODFL), and Serve Robotics (SERV) were among the losers with a decrease of 14%, 12%, 10%, and 9% respectively. ArcBest (ARCB) saw an 8% decrease.
The S&P 500 Industrials Sector experienced a decline of -1.54% to -1025.55, with the Capital Goods sector seeing a decrease of -1.2% to -1112.98, contributing to this decline as it accounts for -69.8% of the index. The Commercial & Professional Services sector saw a decline of -0.5% to -609.58, while the Transportation sector experienced a significant decrease of -3.47% to -991.07.
Overall, the Industrial Select Sector SPDR ETF had a mixed performance across different companies within the sector, with some gaining more than others while some lost more than others due to various factors affecting their respective industries and operations