XLB Stock Recent News

These sectors are likely to log strong revenue growth in the second quarter. So, try these ETFs.

Sector ETF report for XLB

The materials sector remains a viable equity hedge, given its low weighting within the S&P 500. This ETF option has been a reasonable performer over the past year, outpacing the broader market.

Annual inflation rate in the United States slowed to 8.3% in April from a 41-year high of 8.5% in March, per tradingeconomics, but less than market forecasts of 8.1%.

Wall Street has been downbeat massively this year. Still these sectors appear lucrative at the current level.

The Federal Reserve increased its benchmark interest rate by half a percentage point, matching market expectations.

Sector ETF report for XLB