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Tickers in this Article: SPF, ACO, BZH, JOY, ASTE, JHX, MDC
The Nasdaq is trading down 0.1%, the S&P 500 is down 0.2% and the Dow has slipped 0.1% on a bad morning for the market. 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.

On a bad day for the market overall, the Capital Goods sector (XLI) has shown little change and its biggest movers so far today are:
CompanyMarket CapPercentage Change
Standard (NYSE:SPF)$1.55 billion-11.9%
AMCOL (NYSE:ACO)$1.06 billion-6.4%
Beazer Homes USA (NYSE:BZH)$2.15 billion-5.9%
Joy Global (NYSE:JOY)$6.33 billion+4.7%
Astec Industries (Nasdaq:ASTE)$670 million-4.5%
James Hardie Industries SE (NYSE:JHX)$4.25 billion-3.9%
M.D.C. Holdings (NYSE:MDC)$1.85 billion-3.5%
Broker Summary: E-Trade Financial

Shares of Standard (NYSE:SPF) are currently trading at $6.83, a steep decline of 11.9%. This morning, the company is trading a volume of 5.7 million shares.

Currently trading at $31.10 per share, AMCOL (NYSE:ACO) has fallen 6.4%. With 45,350 shares changing hands so far today, the company's volume is consistent with its average over the last three months.

Currently trading at $16.42 per share, Beazer Homes USA (NYSE:BZH) has fallen 5.9%. This morning, the company's volume is 892,388 shares. This is in keeping with its current daily average.

Increasing 4.7%, Joy Global (NYSE:JOY) is trading at $62.57 per share. So far today, 2.3 million shares have changed hands, whereas yesterday, volume was only two million shares.

After a decline of 4.5%, Astec Industries (Nasdaq:ASTE) has hit a share price of $28.10. So far today, the company's volume is 117,796 shares.

Falling 3.9%, James Hardie Industries SE (NYSE:JHX) is currently at a share price of $46.72. The company's volume for the day so far is 5,250 shares, 0.7 times the current three-month average.

At $37.27, M.D.C. Holdings (NYSE:MDC) has slipped 3.5%. The company's volume for the morning is 316,682 shares. This is in keeping with its current daily average.

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. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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