Sector movers: Home construction and Auto issues pace gains

by | Jul 18, 2023

(Sharecast News) – Home construction and Auto stocks paced gains on Tuesday amid a risk-on mood following the release of mixed readings for monthly U.S. retail sales and industrial production.
Precious metals miners fared well alongside as the US dollar spot index spent most of the session trading below the psychological 100 point level.

That helped put a bid into gold futures with the August COMEX contract trading higher by 1.23% to $1,980.40/oz..

Technology names also did well with Software benefitting from a surge in shares of Darktrace after consultancy EY published a report that the company’s management said would have no impact on its financial statements.

Top performing sectors so far today

Household Goods & Home Construction 10,372.22 +3.87%

Automobiles & Parts 1,859.87 +2.71%

Precious Metals and Mining 10,344.42 +2.12%

Industrial Transportation 3,945.09 +1.76%

Software & Computer Services 2,102.98 +1.53%

Bottom performing sectors so far today

Retailers 3,669.92 -1.51%

Telecommunications Service Providers 1,930.15 -0.72%

Medical Equipment and Services 10,121.87 -0.70%

Electricity 10,743.77 -0.40%

Electronic & Electrical Equipment 9,693.03 -0.21%

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