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Tickers in this Article: SPR, MTH, TEX, EME, TKR, SHS, TDY
It's been a quiet morning for the market. The Nasdaq remains relatively unchanged; the S&P 500 has moved little; and the Dow is unchanged. 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) has risen 0.1% despite little change in the market overall. Currently, the biggest movers in the sector are:
CompanyMarket CapPercentage Change
Spirit AeroSystems Holdings (NYSE:SPR)$3.11 billion-23.5%
Meritage (NYSE:MTH)$1.39 billion-8.9%
Terex (NYSE:TEX)$2.52 billion-7.2%
Emcor Group (NYSE:EME)$1.9 billion+6.8%
Timken (NYSE:TKR)$3.56 billion+6.5%
Sauer-Danfoss (NYSE:SHS)$1.83 billion+5.9%
Teledyne Technologies (NYSE:TDY)$2.27 billion+3.9%
Broker Summary: TD Ameritrade Thinkorswim

Shares of Spirit AeroSystems Holdings (NYSE:SPR) are currently trading at $16.57, a steep decline of 23.5%. With 5.1 million shares changing hands so far today, the company's volume is 5.5 times the average volume over the last three months.

Meritage (NYSE:MTH) has decreased to $35.83 per share, a 8.9% fall. The company's volume for the morning is 912,441 shares. This is 1.7 times its current daily average.

After a decline of 7.2%, Terex (NYSE:TEX) has hit a share price of $21.21. The company's volume is currently 3.6 million shares for the day, which is more trading activity than there was yesterday.

Emcor Group (NYSE:EME) is at $30.42 per share after an increase of 6.8%. The company's volume for the day so far is 368,066 shares.

Timken (NYSE:TKR) has risen 6.5% to hit a current price of $38.98 per share. The company's volume for the day so far is 1.7 million shares, 1.4 times the current three-month average.

After rising 5.9%, Sauer-Danfoss (NYSE:SHS) is currently trading at a share price of $39.90. This morning, the company's volume is 139,538 shares. This is 1.2 times the current daily average.

Increasing 3.9%, Teledyne Technologies (NYSE:TDY) is trading at $64.15 per share. This morning, 67,452 shares have been traded, consistent with the volume from yesterday.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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