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Tickers in this Article: WWD, PRIM, ACM, JOY, GTLS, CSTE, BA
The market is currently down, with the Nasdaq decreasing 0.4%, the S&P 500 falling 0.5% and the Dow down 0.7%. The capital goods sector is the category of stocks related to the manufacture or distribution of goods. The sector is diverse, containing companies that manufacture machinery used to create capital goods, electrical equipment, aerospace and defense, engineering and construction projects. It is also referred to as the "industrials sector". Performance in the capital goods sector is sensitive to fluctuations in the business cycle. Because it relies heavily on manufacturing, the sector does well when the economy is booming or expanding. As economic conditions worsen, the demand for capital goods drops off, usually lowering the prices of stocks in the sector.

The Capital Goods sector (XLI) is currently lagging behind the overall market, down 1.3%, and its current biggest movers are:
CompanyMarket CapPercentage Change
Woodward (Nasdaq:WWD)$2.2 billion+10.9%
Primoris (Nasdaq:PRIM)$718.4 million+3.5%
AECOM (NYSE:ACM)$2.13 billion+2.8%
Joy Global (NYSE:JOY)$6.1 billion-2.7%
Chart Industries (Nasdaq:GTLS)$1.82 billion-2.5%
Caesarstone (Nasdaq:CSTE)$534.7 million+2.3%
Boeing (NYSE:BA)$55.32 billion-2.2%
Broker Summary: Charles Schwab Online Brokerage

Woodward (Nasdaq:WWD) is trading at $35.58 per share, a significant rise of 10.9%. The company is currently trading a volume of 1.1 million shares.

Primoris (Nasdaq:PRIM) has risen 3.5% and is currently trading at $14.47 per share. With 258,089 shares changing hands so far today, the company's volume is one times the current three-month average.

AECOM (NYSE:ACM) has moved up 2.8% and is currently trading at $19.39 per share. So far this morning, 1.5 million shares have changed hands. This is 1.4 times the current daily average.

Joy Global (NYSE:JOY) is down 2.7% to reach $56.07 per share. The company's volume is currently 1.3 million shares for the day,.

Currently trading at $58.99 per share, Chart Industries (Nasdaq:GTLS) has fallen 2.5%. The company's volume for the day so far is 365,067 shares.

After an increase of 2.3%, Caesarstone (Nasdaq:CSTE) has reached a current price of $15.92. The company's volume for the day so far is 5,832 shares, 0.2 times its current three-month average.

Slipping 2.2%, Boeing (NYSE:BA) is currently trading at $71.74 per share. The company's volume for the morning is 3.9 million shares. This is 0.7 times its current daily average.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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