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Tickers in this Article: RSTI, MTZ, DXPE, AWI, URS, GD, TGI
The market has been slipping so far today. The Nasdaq has decreased 0.5%; the S&P 500 has slipped 0.2%; and the Dow is down 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 Capital Goods sector (XLI) is currently ahead of the overall market, down only 0.2%, and its biggest movers are currently:
CompanyMarket CapPercentage Change
Rofin-Sinar (Nasdaq:RSTI)1.8 million+11.7%
MasTec (NYSE:MTZ).82 billion-4.8%
DXP Enterprises (Nasdaq:DXPE)2.1 million-4.2%
Armstrong World Industries (NYSE:AWI).06 billion-3.3%
URS (NYSE:URS).77 billion-2.5%
General Dynamics (NYSE:GD).51 billion-2.2%
Triumph Group (NYSE:TGI).26 billion-2%
Broker Summary: TD Ameritrade Thinkorswim

Rofin-Sinar (Nasdaq:RSTI) has soared 11.7% to reach a current price of $20.04 per share. So far today, the company's volume is 337,656 shares. This is two times its current three-month average.

After a decline of 4.8%, MasTec (NYSE:MTZ) has hit a share price of $22.84. The company's volume is currently 850,762 shares for the day, in keeping with its current daily average.

DXP Enterprises (Nasdaq:DXPE) has fallen 4.2% and is currently trading at $48.17 per share. This morning, the company is trading a volume of 22,303 shares.

Armstrong World Industries (NYSE:AWI) is currently trading at a share price of $50.31, a 3.3% decline. So far today, the company's volume is 2.8 million shares, which is more trading activity than there was yesterday.

At $35.17, URS (NYSE:URS) has slipped 2.5%. The company is currently trading a volume of 265,257 shares. This is consistent with the average over the past three months.

General Dynamics (NYSE:GD) is down 2.2% to reach $65.15 per share. So far today, the company's volume is 1.1 million shares, in line with the current daily average.

Slipping 2%, Triumph Group (NYSE:TGI) is currently trading at $63.83 per share. The company is currently trading a volume of 96,906 shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. 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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