NEM News: What's in Store for Materials ETFs in Q2 Earnings? - 24th Jul 2024, 1:00am

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The materials sector, which tends to be the most sensitive to global economic growth expectations, has been performing well this year, given a resilient U.S. economy. The popular ETFs — Materials Select Sector SPDR XLB, Vanguard Materials ETF VAW, iShares U.S. Basic Materials ETF IYM and Fidelity MSCI Materials Index ETF FMAT — have gained 1.7%, 1.8%, 0.6% and 1.8%, respectively, over the past three months.

Going into the Q2 earnings season, earnings releases from the sector giants ...

>>> Read more: What's in Store for Materials ETFs in Q2 Earnings?
 
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