Today’s improved sectors were led by the Energy Select Sector SPDR Fund ETF (NYSEARCA:XLE) which gained .81%. The increase in the energy sector was likely a result of continued talks about Iranian oil sanctions.
The overall sector improvement can likely be attributed to the last day of a meteoric first quarter and anticipation for a successful second quarter, alongside approval for today’s mixed but relatively positive US economic reports.
Sector ETF Update:
Consumer Discretionary Select Sector SPDR Fund ETF (NYSEARCA:XLY): +.45%, This ETF tracks the Consumer Discretionary Select Sector Index which includes media, retail, hotels, leisure, and restaurants.
Sector SPDR Trust SBI Interest ETF (NYSEARCA:XLK): -.30%, This ETF tracks the Technology Select Sector of the S&P 500 Index which includes companies in computers, semiconductors, telecommunications, and wireless.
Industrial Select Sector SPDR Fund ETF (NYSEARCA:XLI): +.44%, This ETF tracks the Industrial Select Sector Index which consists of aerospace, industrial, rail, airfreight, and construction and engineering.
Materials Select Sector SPDR Fund ETF (NYSEARCA:XLB): +.35%, This ETF tracks the Materials Select Sector Index including chemicals, metals and mining, packaging, and construction materials.
Energy Select Sector SPDR Fund ETF (NYSEARCA:XLE): +.81%, This ETF tracks the Energy Select Sector Index, including oil and gas, energy equipment, and energy services.
Consumer Staples Select Sector SPDR Fund ETF (NYSEARCA:XLP): +.61%, This ETF tracks the Consumer Staples Select Sector Index in sub-sectors including food products, household products, tobacco, and beverages.