The market is currently up, with the Nasdaq up 0.5%, the S&P 500 increasing 0.5% and the Dow climbing 0.4%. 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 up 0.5%, underperforming the market overall. The biggest movers in the sector are currently:

Company Market Cap Percentage Change
Timken (NYSE:TKR) $3.91 billion -3.9%
Martin Marietta Materials (NYSE:MLM) $3.98 billion +3.7%
James Hardie Industries SE (NYSE:JHX) $4.11 billion +3.2%
Embraer SA (NYSE:ERJ) $4.88 billion -3.1%
Joy Global (NYSE:JOY) $6.04 billion +2.3%
Cubic (NYSE:CUB) $1.32 billion +2.3%
Vulcan Materials (NYSE:VMC) $6.42 billion +2.3%

Beginner's Guide To FXCM And Trading Station

Timken (NYSE:TKR) is down 3.9% to reach $44.41 per share. At 942,736 shares, the company's volume so far today is 1.1 times the average daily volume.

Martin Marietta Materials (NYSE:MLM) is up 3.7% to reach a current price of $90.04 per share. The company is currently trading a volume of 320,369 shares.

After an increase of 3.2%, James Hardie Industries SE (NYSE:JHX) has reached a current price of $47.76. At 4,830 shares, the company's volume so far today is whereas yesterday, volume was only 2,345 shares.

At $25.67, Embraer SA (NYSE:ERJ) has slipped 3.1%. The company's volume for the day so far is 384,553 shares. This is in keeping with the average volume over the past three months.

After rising 2.3%, Joy Global (NYSE:JOY) is currently trading at a share price of $57.62. At 676,307 shares, the company's volume so far today is 0.4 times the current daily average.

Cubic (NYSE:CUB) has increased to a share price of $49.29, a 2.3% rise. This morning, the company is trading a volume of 11,380 shares.

Increasing 2.3%, Vulcan Materials (NYSE:VMC) is trading at $50.81 per share. The company's volume is currently 254,002 shares for the day, on pace to finish the day below yesterday's volume of 763,878 shares.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

Related Articles
  1. Stock Analysis

    Allstate: How Being Boring Earns it Billions (ALL)

    A summary of what Allstate Insurance sells and whom it sells it to including recent mergers and acquisitions that have helped boost its bottom line.
  2. Economics

    Long-Term Investing Impact of the Paris Attacks

    We share some insights on how the recent terrorist attacks in Paris could impact the economy and markets going forward.
  3. Options & Futures

    Cyclical Versus Non-Cyclical Stocks

    Investing during an economic downturn simply means changing your focus. Discover the benefits of defensive stocks.
  4. Investing Basics

    How to Deduct Your Stock Losses

    Held onto a stock for too long? Selling at a loss is never ideal, but it is possible to minimize the damage. Here's how.
  5. Economics

    Is Wall Street Living in Denial?

    Will remaining calm and staying long present significant risks to your investment health?
  6. Stock Analysis

    When Will Dick's Sporting Goods Bounce Back? (DKS)

    Is DKS a bargain here?
  7. Investing News

    How AT&T Evolved into a Mobile Phone Giant

    A third of Americans use an AT&T mobile phone. How did it evolve from a state-sponsored monopoly, though antitrust and a technological revolution?
  8. Stock Analysis

    Home Depot: Can its Shares Continue Climbing?

    Home Depot has outperformed the market by a wide margin in the last 12 months. Is this sustainable?
  9. Stock Analysis

    Yelp: Can it Regain its Losses in 2016? (YELP)

    Yelp investors have had reason to be happy recently. Will the good spirits last?
  10. Stock Analysis

    Is Walmart's Rally Sustainable? (WMT)

    Walmart is enjoying a short-term rally. Is it sustainable? Is Amazon still a better bet?
  1. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  2. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  3. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  4. How does additional paid in capital affect retained earnings?

    Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
  5. What types of capital are not considered share capital?

    The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
  6. What is the difference between issued share capital and subscribed share capital?

    The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>

You May Also Like

Trading Center