Materials Trail Behind Remaining Cyclical Sectors
06-May-13 12:00 ET
[BRIEFING.COM] The S&P 500 is higher by 0.2% as the index continues to trade within a four point range. The financial sector remains in the lead as the SPDR Financials Select Sector ETF (XLF 18.99, +0.14) trades higher by 0.7%.
Most other cyclical sectors also trade with gains, but the materials space is an exception. The weakest performer of the year is little changed as steelmakers weigh. The Market Vectors Steel ETF (SLX 42.51, -0.08) is off by 0.1%.