Industrials Keep Chugging Ahead

Overall, last week’s market action was fantastic. With the sole exception of consumer staples, every other sector was positive. But the strongest performer was the gritty industrials sector. The State Street Industrial Select Sector ETF (XLI) was up 2.6%, and the State Street Utilities Select Sector ETF (XLU) jumped 2.4%.

XLI is up over 14% so far in 2026, making it one of the best-performing sectors this year. The “old economy” is very much alive and well, and investors are recovering it after years of focusing almost exclusively on tech stocks.

Let’s dig into those industrials…

This post originally appeared at Money & Markets.