TrackInsight: Positive performance from US Industrials stocks
Industrials have outperformed the broader market YTD, investors betting on a positive outcome of discussions between the U.S. and China, as well as companies report results. The first-quarter earnings for industrial companies are expected to have increased by 1,6% compared to last year while the overall S&P500 earnings are expected lower over the same period. ETFs exposed to US Industrial stocks indices ended the last week higher, with a daily average performance of +1,23%. Since the 1st of January, this segment composed of 10 ETFs which gathers $ 4,8 bn of assets under management, increased by almost 20%.