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Tickers in this Article: MTW, CSTE, FBHS, AIT, LII, FAST, CMI
Currently, the Nasdaq has moved up 0.3%, the S&P 500 has slipped 0.2% and the Dow has decreased 0.2%. 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 biggest movers in the Capital Goods sector (XLI) (+0.4%) are:
CompanyMarket CapPercentage Change
Manitowoc Company (NYSE:MTW)$2.02 billion-5.8%
Caesarstone (Nasdaq:CSTE)$512 million+4.7%
Fortune Brands Home & Security (NYSE:FBHS)$4.71 billion-3.2%
Applied Industrial (NYSE:AIT)$1.67 billion-2%
Lennox International (NYSE:LII)$2.47 billion+1.9%
Fastenal (Nasdaq:FAST)$12.97 billion+1.9%
Cummins (NYSE:CMI)$17.5 billion+1.7%
Broker Summary: E-Trade Financial

Manitowoc Company (NYSE:MTW) is trading at $14.37 per share, down 5.8%. The company's volume for the day so far is 2.2 million shares. At this rate, trading activity will likely be down from yesterday when 10 million shares changed hands.

Caesarstone (Nasdaq:CSTE) is at $15.61 per share after an increase of 4.7%. So far today, the company's volume is 70,434 shares, 2.4 times its average over the past three months.

Fortune Brands Home & Security (NYSE:FBHS) has fallen 3.2% and is currently trading at $28.38 per share. So far today, 772,296 shares have changed hands.

Slipping 2%, Applied Industrial (NYSE:AIT) is currently trading at $38.98 per share. The company's volume is currently 92,429 shares for the day, consistent with its current daily average.

Lennox International (NYSE:LII) is currently trading at $49.41 per share, a 1.9% increase. So far today, 639,197 shares of the company's stock have changed hands. This is greater than yesterday's volume of 574,946 shares.

Fastenal (Nasdaq:FAST) is up 1.9% to reach a current price of $44.58 per share. At 654,105 shares, the company's volume so far today is 0.3 times its current three-month average.

After an increase of 1.7%, Cummins (NYSE:CMI) has reached a current price of $93.50. This morning, the company is trading a volume of 1.5 million shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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