Industrial Sector Could Benefit From a Rate Cut or Two
July 30, 2019 at 11:58 AM EDT
The Industrial Select Sector SPDR (NYSEArca: XLI), the largest industrial exchange traded fund by assets, is higher by more than 23% year-to-date and that upside could be extended if the Federal Reserve, as expected, proceeds with cutting interest rates at its meeting this week. XLI “seeks to...
