Industrial companies remained in the spotlight this week as investors digested quarterly results from General Electric (GE), Lockheed Martin (LMT), RTX (RTX), 3M (MMM), and Bloom Energy (BE), among others.
The Industrial Select Sector SPDR ETF (XLI) fell 2.3% over To ensure this doesnât happen in the future, please enable Javascript and cookies in your browser
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Quick Insights The Industrial Select Sector SPDR ETF (XLI) fell more than the S&P 500 this week and has returned 6.3% YTD compared to S&P 500’s nearly 12%, indicating underperformance despite strong individual earnings.
Key industrial companies like GE, Lockheed Martin, RTX, 3M, and Bloom Energy all beat earnings and revenue expectations and raised their full-year financial outlooks. Investors are focusing on stronger sales, order backlogs, positive earnings surprises, raised outlooks, and companies’ ability to generate cash and sustain expansion