Materials Sector ETF Outperforming Broad Markets
January 10, 2013 at 11:30 AM EST
Materials sector exchange traded funds have been outperforming broader U.S. equities as global growth gains momentum, notably in the emerging markets. The Materials Select Sector SPDR (NYSEArca: XLB) has gained 8.2% over the past month while the S&P 500 rose 3%. The materials sector is expected...