For the week ending June 16, the Industrial Select Sector (XLI) gained +2.98%. XLI was among the 10, out of the 11 S&P 500 sectors, which closed the week in green. YTD, XLI has risen +7.37%.
Meanwhile, the SPDR S&P 500 Trust ETF (SPY) rose +2.22% (YTD +14.91%), helped by the Federal Reserve keeping its policy rate unchanged, which broke a streak of 10 straight rate hikes. The SP500 index has now been on a five-week winning streak.
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