The industrial sector is currently leading U.S. equities. Its strength faces a test with the upcoming earnings season. S&P 500 industrials have already gained 15% this year. Aerospace and defense stocks are boosting the sector. Investors are also watching trade developments and the Federal Reserve. Wall Street will focus on company earnings reports. The market has shown resilience despite uncertainty.
Melody effect: Wrong ‘Parle’ stock hits 5% upper circuit for 4th day, up 21% since PM Modi’s gift for Meloni
Parle Industries shares hit the 5% upper circuit for the fourth consecutive session amid speculation that investors are mistaking it for unlisted FMCG major Parle